Meeting With A Credit / Finance Counselor

Posted on: August 31, 2008 by Matt No Comments

In addition to discussing my student loans in collection we also looked at other aspects of my finances.  The advise that I was given can be summed up as follows:

  1. Keep A Budget: I try to keep a budget running in an Excel spreadsheet.  I keep track of all income and categorize expenses / savings.  At the end of the month I have $0 left unallocated.
  2. Increase Income And Reduce Expenses: I have already been trying to cut back on expenses but had not been actively trying to increase my income.  I had considered trying to gather a couple of extra consulting jobs in the area but had not moved forward yet.  We will see how this goes.