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Writer's pictureThe Penny Lounge

Keep your budget in check

How often do you reconcile your budget? Most people review monthly however, it’s essential to also review your budget during the month. Glancing at your budget throughout the month helps you stay within your spending limits. We have started to reconcile every night before bed, it’s become part of our nightly routine. In addition, we set aside time each Sunday afternoon to review our weekly budget for the week ahead. At the end of the month, we do a more comprehensive review and take a look at where we overspent or under-spent. It’s about being proactive in the

use of money, finding ways to get the most out of each category while starting on track with your goals.

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