What are Your Money Priorities?
This can be a tough question. After all, most people just “pay the bills” and get on with it. But what about those times when money is tight or you’ve got an especially large bill that’s going to affect your monthly finances more than usual? Does food rank above entertainment in your spending plan? Does transportation come before recreation? Do shelter and utility payments get made before you pay on any credit cards? Are you properly prioritizing your spending, or is your money spent in whatever category is yelling today?
At the top of your list, as your highest priority, should be your rent or mortgage payment, followed by the various utilities that keep your shelter comfortable, and then food. [Read more →]