Word of the Week:
Budget

Definition: A budget is a plan you can use to better manage your spending and saving.

Example: Try using the 50-20-30 budget, which is 50% essentials, 20% for financial goals, 30% for flexible spending.

Key Takeaway: A budget is a plan that lets you decide how much you spend and make sure you're living within your means.

Challenge: Set a budget, stick to it, and see what you can cut back on.

Fun Fact: In a year, the average American family spends $710 on their pets and only $110 on reading materials. Priorities!