Sometimes the simplest solutions are the best
This month at Money Coaches Canada we’ve been discussing why sticking to a budget is so hard to do, and how using our On Track Money Management system will keep you engaged and accountable to your own spending and savings plan.
A big part of our system is setting up savings accounts and setting aside amounts every
month for the expenses that occur irregularly or annually, like gifts, travel, or property taxes. By saving monthly for these expenses the money should be available when you need it. This way you won’t have to rely on credit cards or your line of credit when these ‘surprise’ expenses pop up. Continue reading
2. Tax-free savings account (TFSA)
