Dr. Judith Gerhart, CFP
Certified Divorce Financial Analyst 
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Divorce Budgeting Tip 4
July 23, 2009
4. Cut non-essential spending.
By tracking your spending, you’ll be able to calculate what you spend on essential items (rent, utilities, groceries, etc.), and you’ll most likely unearth your non-essential spending habits as well. This is where costs can be cut. A good way to minimize non-essential purchases is by paying in cash for these items; you’re likely to spend less money if you don’t use your credit card. Dining out, entertainment and clothing are three areas that should be substantially reduced, if not eliminated, when trying to create a more manageable budget. Find other, cost-effective ways to keep yourself entertained and content.
By: Brian O’Connell
Posted by Judith Gerhart on July 23, 2009 | Permalink | Post a comment
