GOLD Magazine GOLDMAGAZINE - Page 8

FINANCE 5 BUDGETING TIPS with Iona Bain your goals measurable, achievable and " " Make realistic - then you'll begin improving 1. TIME Set aside time to budget 2. CATEGORISE Understand exactly what's coming in and put it into different categories 3. ESSENTIALS Understand the difference between essential spending like food, rent, utilities and discretionary spending such as unnecessary luxuries 4. IN & OUT One in, one out rule: 'I won't buy anything new until I've used what I already got' 5. CHECK Keep checking in! 7