Monitor Your Spending with a Personal Budget?

Monitor Your Spending with a Personal Budget?
by

1 Answer

Answer :

When it comes to Personal Finance, some people look at the word �spending� as an evil and dirty word. In reality, everyone must spend in order to survive. The key is to develop spending patterns that allow a consumer to enjoy life while not spending himself into a financial hole. One of the best tools for controlling spending habits is a personal budget. With a budget that can be seen and worked with each month, it becomes easier to plan spending so that it does not get out of control.The first step to controlling spending using a budget is to determine exactly how much excess income exists each month to be spent. Excess money is the funds left over after paying all of the monthly bills and expenses, and putting aside money to reach pre-determined financial goals. One of the most
by

Related questions

“Crowding out” means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government budget deficit raises interest rates and causes investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Description : Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government ... spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

10. “Crowding out” means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government budget deficit raises interest rates and causes investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Description : 10. Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a ... investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment spending is $2000. In order to avoid recessions and inflation (to have equilibrium), the government should have a: a. balanced budget b. budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Last Answer : c. budget surplus of $1000

Best large size budget monitor for FCP editing? Or should I go with a used Apple monitor or IPS panel? Any monitor people out there?

Description : Best large size budget monitor for FCP editing? Or should I go with a used Apple monitor or IPS panel? Any monitor people out there?

Last Answer : FCP?

Complete the following statement. As a project manager, Darrell is excited that he is assigned to be in charge of the most important project this year. After being chartered for the project, he analyses the information in the project charter and the stakeholder register to: Select one: a. decide how to draft a scope statement. b. start to define and develop the stakeholder needs and requirements c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Description : Complete the following statement. As a project manager, Darrell is  excited that he is assigned to be in charge of the most important project  this year. After being chartered for the project, he ... c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Last Answer : b. start to define and develop the stakeholder needs and requirements

A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance

Description :  A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance

Last Answer : A. Cost Baseline

What is your personal clue that you are spending too much time here?

Description : What is your personal clue that you are spending too much time here?

Last Answer : You tell yourself you’re going to bed at 11pm and then find that you’re still up at 4am reading through questions and refreshing the page hoping that someone will post something new…

Which of the following is not an economic problem? (1) Deciding between paid work leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Description : Which of the following is not an economic problem? (1) Deciding between paid work leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Last Answer : (3) Deciding between alternative methods of personal savings Explanation: The Theory of Economic Problem states that scarcity exists in the sense that only finite and insufficient resources are ... to allocate scarce resources to the provision of various goods and services within the economy.

Which of the following is not an economic problem ? (1) Deciding between paid work and leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Description : Which of the following is not an economic problem ? (1) Deciding between paid work and leisure (2) Deciding between expenditure on one good and the other (3) Deciding between alternative methods of personal savings (4) Deciding between different ways of spending leisure time

Last Answer : Deciding between different ways of spending leisure time

How to make a practice personal budget on the internet?

Description : How to make a practice personal budget on the internet?

Last Answer : If you want something fairly comprehensive, I would go with mint – it seems fun. ;-)

How to manage a personal budget?

Description : How to manage a personal budget?

Last Answer : answer:The most basic way to keep track of your expenses and see where you spending your money is to create a spreadsheet. In the this spreadsheet you list your monthly income and fixed reoccurring expenses ... to sign up for free account Mint that can aggregate all this data and more. Good Luck! R

Wessex Motors needs to assess the company's image relative to a new competitor. The time schedule is flexible, the research budget is very limited and a low response rate will not be a major problem. Wessex Motors will probably use _____ survey. A)mail B)telephone C)random D)personal interview E)population

Description : Wessex Motors needs to assess the company's image relative to a new competitor. The time schedule is flexible, the research budget is very limited and a low response rate will not be a major ... will probably use _____ survey. A)mail B)telephone C)random D)personal interview E)population

Last Answer : A)mail

How accurate is a personal blood pressure monitor?

Description : How accurate is a personal blood pressure monitor?

Last Answer : answer:Pressure can fluctuate all day long. Being dehydrated effects blood pressure, and many other things. What is important is being within normal range. 99/60 is fairly common in petite young women from ... cuff and see if the reading is similar. Then you can have confidence in your home one.

What is a personal gas monitor?

Description : What is a personal gas monitor?

Last Answer : There are differences in standards that are required for both because of the distance that each will reach. A personal gas monitor area is a smaller range than a gas detector. A detector will notify you when ... of gas in the air that is minute and it takes a higher amount to set off the monitor.

If you select a monitor in your class, which criteria will be followed by you in this selection? Options: A) On the basis of democratic(Through election) B) On the basis of physical make-up C) On the basis of superiority in the class D) On the basis of personal preference

Description : If you select a monitor in your class, which criteria will be followed by you in this selection? Options: A) On the basis of democratic(Through election) B) On the basis of physical make-up C) On the basis of superiority in the class D) On the basis of personal preference

Last Answer : A) On the basis of democratic(Through election) 

Where do you keep money to prevent yourself from being tempted in spending it?

Description : Where do you keep money to prevent yourself from being tempted in spending it?

Last Answer : In a savings account. Then I hide it from my online banking.

Is it worth spending an extra $100 for the iPhone 12?

Description : Is it worth spending an extra $100 for the iPhone 12?

Last Answer : Have you looked at videos comparing the two phones? I was recently looking at two different Samsung phones and I found videos on YouTube where they compare the two phones, showing features, ease of use, physical details, and how quickly things download on both.

[Serious] What should you do after finding a hidden treasure? How would you go about avoiding authorities and spending the epic loot?

Description : [Serious] What should you do after finding a hidden treasure? How would you go about avoiding authorities and spending the epic loot?

Last Answer : answer:Attention! [Serious] Tag Notice Jokes, puns, and off-topic comments are not permitted in any comment, parent or child. Parent comments that aren't from the target group will be ... performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

What are the chances of Bill Cosby spending any serious time in prison, at his age?

Description : What are the chances of Bill Cosby spending any serious time in prison, at his age?

Last Answer : What do you consider “serious time”? I think there is a strong possibility he is in prison for one year. Especially since he is defiant and expresses privilege.

Why did the senate pass $80 billion increase in military spending in September?

Description : Why did the senate pass $80 billion increase in military spending in September?

Last Answer : Because a select few with a lot of pull will get even more wealthy from this increase.

Do you like playing and spending time with kids?

Description : Do you like playing and spending time with kids?

Last Answer : Yes, I love seeing kids smile! I have a nephew who I love to spend time with because he is so fun and adorable. Plus, you can learn a lot from kids :)

How will you be spending your New Year's Eve?

Description : How will you be spending your New Year's Eve?

Last Answer : The best way I know: At an annual party socializing with good friends and enjoying good music, a delicious buffet, a fun game (LCR), and great conversation with hopefully a dearth of Trump talk.

Is it really worth spending money for brand name items?

Description : Is it really worth spending money for brand name items?

Last Answer : While name brand does not always make a difference often enough it does. Consumables I’m almost never getting name brand but other things name brand has a higher resale value. There is no formula for this, it really depends on what the item is.

To keep 20% more US jobs stateside or create 32% more US jobs, what amount of cash would you tolerate in additional spending for ********* or basic day to day living?

Description : To keep 20% more US jobs stateside or create 32% more US jobs, what amount of cash would you tolerate in additional spending for Christmas or basic day to day living?

Last Answer : answer:Prices don’t have to go up. A US assembled Honda Accord doesn’t cost a dime more than a Japan assembled one. A Canada made Civic is the same price as a UK built one. But this requires the correct corporate mentality from the top. Honda has been doing this since 1982

How are you spending or how did you spend your weekend?

Description : How are you spending or how did you spend your weekend?

Last Answer : answer:Last night I went to a benefit in Oakland for disabled housing and heard comedy from disabled comedians. Today was exercising and shopping and making sure my daughter got to and from the PSAT at her school, plus getting her to home coming. Tomorrow is an extra hard workout and a dinner date.

Have you ever had to choose between spending an anniversary with a significant other or babysitting for family?

Description : Have you ever had to choose between spending an anniversary with a significant other or babysitting for family?

Last Answer : answer:What did you tell your brother? Did you already have plans with your boyfriend? These details are critical in helping you decide, in my opinion. Saturday is only one day away, so if you made a ... to either your boyfriend or your brother, it's kind of last minute to bow out at this time.

Where is the fun in spending your entire vacation on Facebook?

Description : Where is the fun in spending your entire vacation on Facebook?

Last Answer : It’s like people in museums who block your view because they’re taking pictures of things. OR PEOPLE WHO CURL IN THE SQUAT RACK.

Why are you spending your precious time answering this question for me?

Description : Why are you spending your precious time answering this question for me?

Last Answer : Probably for the same reason why you’re asking it, it’s a Q&A site after all…sung to the tune of small world purely to annoy.

How can I be still hungry after spending $800 a month for food?

Description : How can I be still hungry after spending $800 a month for food?

Last Answer : answer:Congratulations of the weight loss. However, I suggest your approach isn't balanced. Eat breakfast in two sessions, one half when you wake up and one half for a snack. Get regular sleep and ... green leafy vegetables and a little more fruit (one or two pieces a day) and still lose weight.

Is it possible to give a website the following features without spending huge amounts of money?

Description : Is it possible to give a website the following features without spending huge amounts of money?

Last Answer : Do it yourself. You’re not looking for anything highly exotic, but you won’t even find someone in India working for a few bucks an hour that will deliver all that for under $100.

Americans: How are you spending election day?

Description : Americans: How are you spending election day?

Last Answer : answer:Working today—and I need to run an errand right after work. I voted early, so I feel light and breezy today ;-) I’ll pick up the election coverage on the tube when I get home tonight (and drink some champagne for no apparent reason)

Wait, what? The right thinks if they reduce federal spending then we will climb out of all our problems and all the needs that these tax dollars were meeting will evaporate?

Description : Wait, what? The right thinks if they reduce federal spending then we will climb out of all our problems and all the needs that these tax dollars were meeting will evaporate?

Last Answer : answer:No, no, no. That would just be pushing the problem down so congress can look good playing high and mighty and not have to deal with it or the peeved, headache inducing, voters. ... , you die, whichever. Please avoid standing in the sarcasm for prolonged periods, it may prove disorientating.

When you come into money over and above what you expected, say over by $1000, is it hard to reign in the happy spending?

Description : When you come into money over and above what you expected, say over by $1000, is it hard to reign in the happy spending?

Last Answer : Nah, it goes directly into savings or an investment account. I’m more concerned about having money down the road than replacing stuff that still works or isn’t necessary.

Is Television Dying ? Are you spending more time with Online Shows, Videos , Movies?

Description : Is Television Dying ? Are you spending more time with Online Shows, Videos , Movies?

Last Answer : I pulled the plug on the television several months ago and survived. And yes, more time is spent checking news and watching a couple of movies or television shows available on the internet, but not as much as when I had TV.

For GDP purposes, do economists classify education spending as consumption, investment, or gov't spending?

Description : For GDP purposes, do economists classify education spending as consumption, investment, or gov't spending?

Last Answer : I don't think you can make that kind of generalization, lumping public and private education together. I've only taken AP Macroeconomics so I'm certainly no expert, but I would think that publicly ... though, that's a large generalization, the types of spending would have to be further broken down.

If the internet didn't exist, what would you be doing with all the time that you are now spending on the internet?

Description : If the internet didn't exist, what would you be doing with all the time that you are now spending on the internet?

Last Answer : Same stuff I used to do a few years ago; tabletop gaming, getting shitfaced drunk at least once a week, a little creative writing… basically the same things I still do offline, only more of it.

How do I stop being intimidated without spending $60/hour?

Description : How do I stop being intimidated without spending $60/hour?

Last Answer : Have you thought about a kickboxing class or boxing class? Maybe spend $60 a month on TKD lessons or Judo lessons. You can also invest in Yoga and Tai Chi, both are good for helping you center. Best of luck conquering your intimidation.

I am looking for online resources for aggregated statistics on corporate spending and earnings in the US, help?

Description : I am looking for online resources for aggregated statistics on corporate spending and earnings in the US, help?

Last Answer : So you mean for all of the companies in the U.S. or individual companies?

Would it be possible to have a viable economic model that was not contigent on consumer spending? What would it look like?

Description : Would it be possible to have a viable economic model that was not contigent on consumer spending? What would it look like?

Last Answer : We had one before WWll. Watch thestoryofstuff.com.

Is there something you have always fancied buying but just couldn't justify spending the money?

Description : Is there something you have always fancied buying but just couldn't justify spending the money?

Last Answer : 1968 Yellow Camaro RS/SS Convertible in mint condition.

Take my private jet for a spin plus 10k spending money - good for one weekend only - where will you go and what will you do?

Description : Take my private jet for a spin plus 10k spending money - good for one weekend only - where will you go and what will you do?

Last Answer : I would go to North Carolina with some loved ones and spend time on the beach,maybe visit a gallery or two.:)

How will you be spending your 4th today?

Description : How will you be spending your 4th today?

Last Answer : Normally I’m out with the family at a cookout and watching fireworks. But today, I am sick! :(

Where can I find information about managing savings, and spending less?

Description : Where can I find information about managing savings, and spending less?

Last Answer : ps, off to work, I’ll drop in to hand out lurve and responses later tonight

Would you be pissed at a friend who owes you a significant amount of money but is always spending money on things other than paying you back?

Description : Would you be pissed at a friend who owes you a significant amount of money but is always spending money on things other than paying you back?

Last Answer : answer:I would learn my lesson. Never loan money to someone that doesn't put my friendship above things/stuff. Then, I would tell said friend that I expect a weekly payment of X dollars beginning ... way I'd have a record with a signature for small claims court should I need it in the future.

What are the pros and cons of spending time in a steam room and/or sauna?

Description : What are the pros and cons of spending time in a steam room and/or sauna?

Last Answer : I thought they were both one in the same thing! ? I love my sauna, makes my skin feel alive……. :-/ They’re great for clearing the skin…..

How Are YOU (yes, you) Spending Valentines Day?

Description : How Are YOU (yes, you) Spending Valentines Day?

Last Answer : Same as every other Monday. Up at 5:00 am. Off to work. Stay until the job is done no matter how long that takes. Home, dinner, read, bed, repeat.

What should I give the office staff at work (that I am also friendly with) as a holiday gift, spending under $20 each?

Description : What should I give the office staff at work (that I am also friendly with) as a holiday gift, spending under $20 each?

Last Answer : Most 20 somethings would like a gift certificate to Victoria’s Secret or Bath and Body Works.

Can spending too much time on the internet be bad for your health?

Description : Can spending too much time on the internet be bad for your health?

Last Answer : If it keeps you from enriching social relationships, productive work, exercise, study, self actualizing hobbies, charitable efforts etc. then yes it is hazardous to your health. Otherwise, it is just like watching TV.

Any tips for spending time in Texas?

Description : Any tips for spending time in Texas?

Last Answer : I don’t visit that far north very often. But as for customs, etiquette and nuances ago it’s the same as anywhere else. Be polite and most people will be polite back. This is coming from a New Jersey transplant.

Judging by recent financial trend, should I convert my holiday spending money now or later?

Description : Judging by recent financial trend, should I convert my holiday spending money now or later?

Last Answer : I may be off, but if they cap the well, I would think maybe stocks would rise. but exchange rate?? I’m not an expert at the quirky international rates and how it is affected by stocks? Is there are correlation?? Awesome question.