With the economy in the toilet and no end to the trouble in sight, it’s more important than ever that we keep an eye on the coins in our purse. In the blink of an eye you can go from mimosa brunches with friends on easy street, to lonely PB&J in your living room all because you’ve found yourself short on funds. Don’t wait until the last minute to get focused, check out these simple ways to keep your money in check and maintain your finances.

Budget…for real
We’ve all got a ‘budget.’ That figure we claim we’re going to stick to, only to breeze past it half way into the month, then on the 30th we end up wondering where the hell the money at. Take an honest look at your income and your monthly expenses and be realistic about how much money you can truly spend each month and where you need to cut back. Need a little help maintaining a budget? Sign up for online money management sites like Mint.com to keep you on point.

Look Towards Tomorrow
Often we get our paychecks or some unexpected cash and only make plans for what we need or can spend it on today, but learning how to look ahead can relive a ton of stress on your wallet. If you know the holidays are around the corner, start putting money aside. It’s winter and you want to go on a vacation during the summer, start researching your dream destination so you have an idea of how much you need to save. Giving yourself ample opportunities to plan and schedule things could make a world of difference.

Save…duh!
If you want to get your money right, then you’re going to have to make sacrifices and save, save, and then save some more. The finer things in life aren’t cheap and emergencies can pop up at anytime so you need to be prepared. Having a well padded savings is what can make or break you during those hard times or make buying that spur of the moment flight a breeze. No matter how much or how little bacon you’re bringing home, save something! If all you can spare each pay check is $10, then save that, it’s a great start and better than nothing. Before you know it that $10 will be $1000 and you’ll be proud of yourself for sticking to your goals.

How are you getting your money right?

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  • shug avery

    i’m already on this. i keep all my receipts in an envelope to track my spending, make grocery lists and stick to them (i also make sunday trips to various grocery stores to see who has the best deals) and i save during the month so i can do something real nice for myself come summer time. if you mind your finances, no one else will.

  • CD86

    I’m not getting my money right. I currently am receiving unemployment, which is a laughable amount.

  • Fa

    I have become a money saving, budget-making nerd. I just created a colour coded Excel Sheet that lists my monthly budget in one column, a column for my actual actual spending, and one more for notes on the spending. It makes me feel empowered when I know where my money is going and I really hope other women can also begin taking control of their finances.

  • Alexandra

    I mostly save, I put $50 aside every week. That is how I keep up with my finances.
    I cook most of the time, so I always plan my meals ahead, cut coupons and watch for sales so I can shop for more.

    And I canceled my gym membership until further notice.

  • Thanks Danielle for sharing. Your shared info about finances is very crucial and I’m desperate to use my money in right way. Cheers :)