Build Your Fiscal Foundation

As with physical, mental, and spiritual fitness, achieving fiscal fitness pays tremendous dividends. The essential elements of a sound fiscal foundation? Maintain a spending plan, minimize debt, establish an emergency fund, and contribute to retirement plans. Maintaining a spending plan means itemizing current expenses. Doing so allows you to carefully track how much money you are taking in during a given period and figure out the best way to divide it among various categories. Moreover, a spending plan provides an opportunity to see where changes can be made with regards to expenses. A reduction in Read the Full Story