Categotry Archives: Low Income

Budgeting Tips for New College Grads

Life after college is pretty exciting.  You’re entering the real world where adventure and numerous opportunities await.  However, it can be nerve-wracking too; especially when it comes to facing your new financial responsibilities. It’s easy to make financial mistakes in your 20’s.  Even more so when you just graduated and have landed your first job – oh the temptation of getting a new car, apartment, clothes, designer accessories!  If you don’t want a struggling bank account, Read more […]

You Need a Plan

Even you’re scraping by on a minimum-wage job, you need a budget. The basic plan is pretty straightforward: Total your income from all sources Estimate you total expenses Calculate the difference If the difference is negative, you need to figure out how to fix that! You can either increase your income, or decrease the outgo, or both. The easiest way is usually to decrease your outgo. If you have been caught up in the credit card trap, the first step […]