Begging for Money:  The Financial Guide to Getting it Together

You have to get your financial shit together and take responsibility for your own successes and failures.

Step 1: Evaluate your Income

Income is calculated including wages and salaries, as well as any kind of governmental entitlement such as unemployment insurance, disability payments or child support payments received.

Many times, financial problems are the result of overspending, lifestyle creep, or improper budgeting (even worse, failing to budget at all). Budgeting is so important, especially if you are an impulse buyer.

Step 2: Start Budgeting Every Single Time You Get Paid

There are certain things we’ve become accustomed to, such as TV, internet, cell phones, alcohol, cigarettes, [insert your vice here].

Step 3: Find Ways to Cut Costs

If you and your spouse are both working outside of the home, it’s important to make sure it makes financial sense. Take a look at your take-home pay (assuming you are not the breadwinner).

Step 4: Determine if Daycare is Worth the Cost

How to Stop a Friend or Family Member from Begging for Money

Stop enabling them. Stop giving them $5 here, $10 there, putting gas in their tank, buying them groceries. Parents: your adult children are adults. A little tough love will help them far more than a few bucks. Offer to proofread their resume or help them look for jobs. But stop giving them money.

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