Getting Organized Your Finances

Getting Organized Your Finances

Many of us would love to save money. However, if you were to ask most people why they have
so little at the end of the month there likely answer would be , I don’t know. Many of us pay bills
automatically and have no idea where, when or how much is coming out. The first step in
solving this problem is to get you finances organized. It is quite easy to do and you don’t have to
spend hardly anything.

Many of us see advertised on television, expensive computer programs guaranteed to get your
finances in order. Although these likely do what they are intended, they are costly. Why spend
hundreds of dollars when you can do the same thing for almost nothing. All you need is a pen
and paper. By simply looking at your ban statement, writing down your bills, how much goes out
and when, you’ll be taking the first step in getting your finances organized. IF you want to go
high tech, you can create a spread sheet on your home computer. Leave the software and do it
your self.

Something else that people are prone to buy are organizers. These range between 10-20
dollars. It is true that some kind of filing system is needed to keep track of bills as they come
and when they get paid. However, you can make your own for next to nothing. Check to see if
you have any plastic wallets lying around. If not you can purchase a package of about 100 for
about 1.50$. Check to see if you have an old ring binder or folder. Again, if not these are
available in most book stores for 2-3$. Simply store the bills in here and mark as they get paid.
This filing system works just as well as those expensive organizers that you can purchase.
Organized finances are the first step in getting your financial status into shape. One you have a
list of all out goings, and when they come off of your account, you’ll either see improvement or
where any financial problems lie. Make sure everything is included and the dates are correct
and in chronological order. Before you know it you’ll be on your way to a better financial future.