When you travel, you don’t want to be distracted by money problems. Many travel because they need the money and are trying to ensure they manage their problems instead of their problems managing them. If you are like most, you start off with great intensions and may slip here or there but bouncing back on track is the difference between knowing where your money goes instead of wondering where it went.
Start by making a list of all your incoming bills and track their due dates to know when they need to be paid. Pay your needs first and save your wants for later if you have room in your budget.
Things like rent, mortgage, car payment, tuition, and utility bills won’t stop just because you’re on assignment. Have them emailed to you so that you know what they are and can plan your budget accordingly.
Take advantage of technology. If you have good credit, automate every bill you can. Online billing allows you to see everything coming in and going out.
During the holidays with all the commercial promotions of buying for family and friends it’s easy to get caught up in the stress of emotional buying and being rational and practical becomes a little more challenging. Click here for a great article about making your budget work in your favor this month.