Tricks

9 Tips For Getting A Month Ahead On Your Bills

As a child, I used to watch my Mom adding up all the expenses incurred during the month and keeping aside the same amount in a jar on the very first day of the next month. When asked the reason, she said what continues to be the most important money lesson I have learned from her till date. She simply said, “Groceries, utilities and school fees need to be paid no matter we have the money for it or not. So I’m simply setting aside this amount for what’s most important. The rest can wait.” She would use the rest of the money to buy other things but would mostly save it.

 

 

Having learned from her how important it is to stay at least a month ahead on bills, I have always tried to establish it as a must to always save up in advance for my next month’s expenses even if it means that I have to make some financial adjustments for the time being.

Being a month ahead on bills simply means that you won’t have to wait for your paycheck before you can go about paying for your groceries, gas and utilities. These things are a necessity and can never wait which is why you should always have an amount equivalent to your next month’s expenses already saved up in your bank account.

If you’ve been struggling to stay ahead on your bills, here are a few ways that can help you get started:

1. Calculate the amount you need to save

 

 

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