House/apartment Income Insurance Medical Vehicle Utilities Taxes
“Buy a house: $200,000 with a 5% down payment. Save $10,000 by June 2020. " This will give you an idea of how much you need to save to reach your goals.
Watch matinee movies instead of higher-priced evening showings. Eat out once or twice a month rather than once or twice a week. Make your own coffee and take it to work or school rather than stopping by a coffee stand on your way. Leave your credit cards home when going shopping. If you’re determined to use a card, pick one with a generous rewards program. Don’t go grocery shopping when you’re hungry. You may buy more than you need at such times.
This completely depends on the size of your paycheck and how much you tend to spend on groceries, clothing and the like. Sometimes you’ll have to cut down on some things to make it work and to make sure you aren’t stretching yourself too tightly.
Don’t be stupid. If you’re low on groceries, and you’ve run through all your food money, you might have to borrow from another envelope. Pay it back the next payday. You may need to adjust your budget if you keep running short.
