4 Steps to Take Control of Your Finances

Has begging for money become the new norm? It seems that the internet has become an easy way for people to become online panhandlers.

At some point, you have to get your financial situation together and take responsibility for your own successes and failures.

Do you make enough money to support yourself, your partner, and/or your kids?

Evaluate your Income

Many times, financial problems are the result of overspending and improper budgeting (or worse, failing to budget at all).

Start Budgeting Every Single Time You Get Paid

There are certain things we’ve become accustomed to, such as TV, internet, cell phones, alcohol, cigarettes, [insert your vice here].

Find Ways to Cut Costs

If you and your spouse are both working outside of the home, it’s important to make sure it makes financial sense.

Determine if Daycare is Worth the Cost

Stop enabling them. Stop giving them $5 here, $10 there, putting gas in their tank, buying them groceries.

How to Stop a Friend or Family Member from Begging for Money

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Visit WealthyNickel.com to learn how to save money and invest!

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