Your Year, Your Budget!
YOUR YEAR, YOUR BUDGET!
The beginning of the new year is a great time to focus on your budget!
A straightforward budget plan can help guide your financial decisions and make the most of your money.
While making a budget may sound hard or boring, you can create something simple that works well for your family.
Try the 50/30/20 rule
- allow 50% of your budget for your needs
- leave 30% for your wants
- commit 20% to savings and debt payoff
The first step to building a budget is to calculate your income.
Next, review and list all of your expenses.
Set each expense into one of the above categories. (50/30/20)
Remember, this budget is a tool to empower you, not restrict you. Feel free to adjust based on your needs and priorities.
Your insurance costs are an important expense in your budget. If you have questions about your coverage or would like to review your premiums, we are here to help!
Cheers to the NEW YEAR!
Trinity Insurance Group