Feedback from TappMD Expert
Janet Taylor, MD Saving
Saving money can help with stress levels and improve well-being.
1. Decide on your priorities.
Most people’s budgets revolve around three costs: food, housing, and transportation. After you budget for those expenses, which probably account for between half to two-thirds of your take-home pay, and factor in any debt payments, decide how to prioritize savings, household expenses, professional expenses, and entertainment.
2. Harness the power of a Web tool.
On Mint.com,you can upload your account information and get immediate insight into where your money is going. You can then use that information to start saving more money, just in time for back-to-school season. Other online options include Wesabe.com,Pennyminder, and You Need a Budget.
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