So, how much money do you have in your checking account? Don’t know? Well, what about the balance on your credit card? Or how is your 401k doing? If you can’t answer any of these, then it’s time to get your finances in line. If you don’t have a budget, or know where your money is going, then how do you if you can afford that trip to the Bahamas? Where’s your plan to get out of debt or to pay off your student loan? It’s time to open up that spreadsheet program and get to work. Or if your more old fashioned, break out a ledger pad. If you need help starting one, check out this article.
I personally prefer to use an online personal finance program. My reason is that I can check my account balances from any computer: home, work, my sister’s. If your interested in that route then here’s a list of the most popular ones out there now. you can also check out this page for a longer list of personal finance web apps.
Budgets: Don’t go shopping without one.