Finding Balance

It's all well and good to say, "Don't get into debt", but how do you do this? Whether you already carry a balance on your credit card or not, how do you escape this trap for good?

Reaching financial balance.

This means you spend on fun things.

You also spend on the things you need.

And you save.

How can you make your budget look like this? Come back next week for a story about why spending on fun is just as important to your financial well-being as saving.

Sources

All Your Worth: The Ultimate Lifetime Money Plan by Elizabeth Warren and Amelia Warren Tyagi.