How to Avoid Financial Trauma

How Can You Avoid Financial Trauma? (Image Source: Shutterstock)

Self Examination

Avoidance Of The Problem Will Only Set You On The Fast Track To Financial Trauma (Image Source: Shutterstock)

Make A Plan

Top 5 Money-Saving Apps in 2020 that You Should Try

Money Management

You Need A Budget In Order To Control The Flow Of Your Finances (Image Source: Shutterstock)
  1. Collect your paperwork, including bank statements, bills and 1099s.
  2. Calculate your income.
  3. List your monthly expenses.
  4. Work out your fixed and variable expenses, including savings and debt repayment as fixed expenses.
  5. Total up your monthly expenses and income.
  6. Make adjustments to your expenses as needed.

Prioritize Savings

Reduce Your Food Shopping Bill

Try Planning A Week Menu To Control Extra Expenses (Image Source: Shutterstock)

Cut Out Unessential Luxuries?

Research Your Purchases

You Have The Ability To Contrast, Compare, And Investigate Best Deals (Image Source: Shutterstock)

Avoid Financial Stress

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1AND1 Life

1AND1 Life

We’re a modern wellness lifestyle platform and brand, providing readers with content created by vetted experts that you can trust.

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