Five Ways to Transform Your Finances
One thing a lot of people want to transform are their finances. But, where do you begin? Our expert from Fifth Third Bank recommeds doing a one month spending fast. Here’s how to do it.
1. Create a budget for ONLY absolute necessities like bills, groceries and gas. If you already have a grocery budget, stick to your normal numbers.
2. No shopping for clothes or shoes. This will help you learn to make the best use of what you already own and stop buying things that are a “good deal,” but that you don’t really need.
3. No eating out and no gourmet coffees. This will means packing lunches for work and making meals at home each night. Eating out and quick trips to Starbucks are big budget eaters.
