There are two sides to every budget. If you need more spare funds in retirement but aren’t sure how to increase your income, you can always try to trim expenses. A great place to start? “Decrease your total housing costs,” Sanchez says. “This can be done by downsizing or by getti...
Paying with cash can make it easier to stick to a budget since you can’t spend more money than you have on hand. It eliminates the risk of accruing credit card debt. Paying with a credit card has several advantages. It helps you build your credit history, which is useful when you app...
2. For each transaction of a deposit and expense, indicate the class from the dropdown; this exists today. NOTE: It would be easier if the classes were part of the account/category set up to autofill this field. 3. Run a Profit/Loss report based on clas...
Cash spending is hard to track. When you pay for everything with cash, it’s almost impossible to budget effectively. To track your spending, you’d have to keep all your receipts every day and then transcribe them to a spreadsheet or budget software. By contrast, prepaid cards can provide...