Limit our spending for better financial plan and budgeting

Financial problems, is a complex problem. Moreover, if you're having a lot of needs. Like anything else planned, trying to save money, if the need is much, can not be controlled.

Yes you have to budget it makes a difference. It is harder when you don't have much to budget with though, you don't want to wait that your bankrupt to budget. Life is not that easy but we have to do our part in all.

While we were trying to get out of debt, we limited our spending quite a bit. now we allow ourselves to make planned purchases but we're still pretty careful. I think it's paid off because even though we will soon be making less money, we are building up a cushion.

Limiting our spending is one of the most important things that we can do as people in order to save a little bit of money to make our future more bright. There was a time in my life that my husband and I weren't good at this, but we enrolled in a debt management plan two and a half years ago to help us get rid of our credit card debt and by doing that, we've been forced to live on less money than what we are making. Doing that has taught us to save money and also has taught us to live without credit cards. Both of these things are going to be very good for our future.

It is a must for every person to know how to plan and budget their money. I think we should keep it as habit. I do believe that if you know how to spend your money will keep you out of debt. It is just a matter on how you know what are your priorities when it comes to expenses. I, myself budgets my money enough. I make sure that I don't have any debt in this world.

Yes it a good idea to have aproper financial plan but most of us dont do.We just go tot he mall and groceries without list,so we buy those unnecessary things,whichmakes it a bad habbit.I am into this problem i cannot save anything from my money,i always think to save but i really cannot.

my advice is to get rid of credit cards all together and only use cash when buying purchases. always write down what you purchase and how much you spent. this way you can see where your money goes. budget your money according to greatest need, ie rent, food, etc. By doing this, you should be able to trim your debt.

hi, thats right,i agree on that,we should need to spend our money for better,we need to budget it so wisely,i think we all need a discipline to our self to success in saving of money.its better to make it a habit.

Sure it can help you out from your debts. First of all you need to know where you spend your money on. Then make a list of shoppings.. what is necessary what not. If the income is there pay off as much as possible and pay your bills at once. What is left over is for food (we all can do without clothes, shoes, etc for some months). Don't buy by the internet, teleshopping, don't use credit cards or bank cards or cheques and don't borrow money. Make a shopping list during the whole week. Before you go read the list and delete everything that is not necessary at that moment. Pay your food cash and do those shoppings only once a week. Go for what is cheaper, if what you need is not there don't buy the expensive kind. Also see what you can end or change or can get cheaper (phone, tv guide, magazines, news paper, gas, etc).