• Budgeting 101: Weighing In The Wants And The Needs


    Budgeting is something that is not fun but its something that we have to do in order to become to learn responsibility and live comfortably within your means from month to month. It can also help you save up for big purchases, getting out of debt and planning family vacations. We have to become responsible and weigh the importance of your wants and your needs. This becomes more and more important when you have a family and you are a main provider for your family. There are many things that you will have to debate about and others where it will be easier to make the decisions. This article will list a couple of ways you can trim the unnecessary things you are spending money on. 

    Monthly Subscriptions Vs. Cable and Dish 
    With the rise of Netflix, Hulu and other instant streaming sites cable and other providers are looking less and less valuable. If you are not big on watching live sports and TV then this might be a better deal for you and your family. Not to mention that it has plenty of childrens shows and plenty to watch for the whole family. 
    Average Cable/Dish Cost = $60 a month 
    Instant Streaming = $8 a month 
    Total Savings = $52 a month 

    Buying Movies and CDs Vs Rentals 
    It happens to all of us, a new movie comes out and we loved it so much in the theatres so we rush out the day it comes out. We spend the extra money on the collectors edition and one with extra copies in it. We get home and watch it once and then it sits on the self and collects dust. The same goes with CDs and other similar items. You can avoid spending $20-30 a movie by getting it from Redbox or other movie rental service. As you figured you can download some instant streaming movie services that have new releases. You can also avoid buying new CDs in the store or on itunes by using services like pandora and spotify. 
    New Movie= $25 
    New CD = $12 
    Instant Streaming = $5-8 
    Pandora, Spotify = FREE 
    Total Savings = $21 a month 

    Running Outside Vs The Gym 
    Gym memberships can be costly and there is a very good chance that you will never really use them. They can cost you anywhere from $10 to $30 a month. If you gear up and start running outside and stick to a more traditional diet and exercise plan you can still get into really good shape and be healthy. 
    Gym Membership $20 
    Running Outside = FREE 
    Total Savings = $20 

    Overall your total savings from just these three things can be around $90-100. However, there are things that you should always remember and keep in mind. Like home security for instance. This is something that can give you peace of mind and protect your family. You can look into getting Miramar home automation from Vivint home automation for a more peaceful life. Be sure that you budget with yourself or family to plan the most effective and beneficial budget to all of you. 


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