A Budget You Can Keep

 
Whether you have never kept a budget before or need some pointers for sticking to your current budget, this video will provide you with tips on how to build a budget that will work for you. Jake Spiegel, data analyst and Sarah Newcomb, behavioral scientist bring you strategies to create a budget that meets your needs.

Don’t have time to watch the full video? Read our quick video recap:
  • People who budget are financially healthier than those who don’t budget.
  • Good money management comes down to one principle, spend less than you earn, and to do that you need a budget.
  • Every dollar you spend is serving a personal need, and if you cut an item from your budget without coming up with a new strategy to meet the need you’ll find your budget is incredibly difficult to stick with.
  • If there is an item you can’t afford before you cut it out of your budget, trace it back to the need.
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