Where does it all go?
Norwalk, CONN (PRWEB) December 12, 2006
At one time or another, every working person has probably asked the following financially oriented question: "Where does it all go?" DealPass.com, an online portal for Adaptive Marketing LLC's membership programs, understands what it takes to manage a family budget and is pleased to offer its visitors some helpful tips on how to ultimately end up in the black by year's end.
Another big financial question people always seem to have is simply, "Why budget?" "Doesn't it always seem that somehow or another everything works itself out?" they often ask. That may be true once in a while, but the smart money is on building a budget, maintaining it, staying disciplined by avoiding unnecessary spending, and setting regular goals. DealPass offers its guests family budgeting advice, designed to reinforce the pivotal nature of yearlong planning, in the following five key categories:
-- Keep on track. Think about these fixed expenses: housing costs, groceries, and basic living expenses like transportation (e.g., car payments, train passes, bus fare, etc.). Staying on track with a monthly budget allows for planning key savings strategies for important short and-long-term goals.
-- Stay honest. Keeping yourself honest is usually among the biggest obstacles to maintaining a well-organized budget. What ultimately can be labeled "unnecessary expenditures" may account for as much as 10 percent of the total budget. That can affect future plans for buying a home, going back to school, educating children and taking a long-awaited vacation.
-- Watch credit and charge cards. It's pretty tough to get by without at least one credit or charge card. But a carefully designed budget will set guidelines on when items can be purchased on credit.
-- Aim high with long-term goals. Keeping within the day-to-day budget is always a grind, but saving for the future can be even tougher. Take time out to target several main goals: a home, wiping out debt, setting aside funds for continuing education -- even retirement.
-- Keep your guard up. Maintaining discipline and setting goals are both key, but that doesn't always account for unforeseen problems and emergencies. Develop a troubleshooting strategy, a contingency plan that allows for the loss of a job, a serious injury or family emergency. Remember that without a back-up plan, there is no real plan.
Maintaining and managing a family budget isn't easy. Armed with these helpful tips, though, DealPass visitors can get the word on what it takes to stay in step with the budget and plan for the future. For additional member benefits in healthcare, security, personal property and personals, all roads lead to DealPass.
DealPass.com is an online portal for Adaptive Marketing LLC's membership programs. Adaptive Marketing LLC is a leading provider of membership discount programs. Headquartered in Norwalk, Conn., Adaptive Marketing is a category leader in both membership and loyalty programs, bringing value direct to consumers through an array of benefits in healthcare, discounts, security, personal property and personals available through DealPass.