Tuesday, November 22, 2011

How to stick to a budget

Dan Danford, CFP® and Founder/Chief Executive Officer of Family Investment Center, answers this week's episode of Money Made Easy.

He answers this financial advice question about setting a budget and helpful ways to actually stick to it:

"It seems every time I make a budget I stick to it for a bit and then slowly I start getting away from it. Then the spending gets too much so I sit down and create a budget again and the cycle repeats itself. Do you have any financial tips on how to actually stick to a budget?"

Danford explains why budgeting is similar to dieting: if your budget is too rigid you probably wont' stick with it. Watch the video for Danford's financial tips on how to stick to a budget.

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