Organizing Your Finances

By |2020-11-17T13:41:21-06:00June 12th, 2019|Categories: Organizing Tips, Planning|Tags: , , , , |

Similar to your things needing to be in proportion to your living spaces, you want your finances to be in proportion to your expenses.  This also means living within your means.  Your means being your income. When your expenses outweigh your income, your finances become out of balance and that’s where debt comes into play. If you don’t keep on top of it you suffer the consequences, which usually means an overwhelming amount of debt, and no savings or investing capacity. Ideally, we want the income side of the scale to be significantly higher than the expenses side of the [...]