Each month throughout 1999, Consumer Credit Counseling Service will present an installment of The Financial Guide to a Better Millennium , a twelve-step plan to help consumers have their financial lives in order by the time the clock chimes the start of the year 2000. Segments cover such topics as financial goal setting, getting out of debt, budgeting, wise use of credit and saving money. Financial Guide to a Better Millennium.
Consumers can use a pencil and paper or a computer software program to set up a budget.
See where your money goes . For one month, write down every thing you spend money on and include big and little items. Start with your checkbook to add up what you spend on utilities, food, insurance payments and housing. Collect all receipts including gasoline, prescriptions, newspapers, dry cleaning. Keep a record of all cash transactions such as parking fees, sodas, and children's allowances.