Budgeting Tips: How to Prioritize Expenses

By: Maurine Anderson Prioritizing expenses can be one of the hardest aspects of budgeting. How do you decide where to allocate your money first? Which expenses can or should you choose to forego?   Many smart budgeters live by the mantra ‘pay yourself first’. The phrase ‘pay yourself first’ refers to putting money into personal savings, such as your retirement fund, emergency fund, and any other savings funds you might have going (money for a down payment, for example). Beyond ...
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