Guest Tip of the Day from Catherine Ouellette, Credit Counsellor:
As a credit counsellor I strongly advise everyone to prepare a personal budget, and I give them my three keys to successful budgeting:
First, have a positive attitude. Focus on the money you are saving, and you increase your chances of success.
Second, stay motivated. Budgeting gets easier with each passing day, because it becomes a habit.
Third, set realistic budgeting goals. If you have realistic short term and long term financial goals, budgeting will be a success.
More details are availble in my article on three keys to successful budgeting.
