Published On: Thu, Feb 4th, 2016

5 Really Important Things That Are Missing from Your Budget

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America’s number 1 money couple, Tai and Talaat from His and Her Money share the 5 things that they thing are missing from everyone’s budgets. Are you making these mistakes?

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  1. OMGF says:

    Great advice. The miscellaneous will get you every month if you don’t account for it. I like to set up sinking funds for blow money and miscellaneous or irregular but regular expenses. Usually the money sits in the account for a couple of months before I use it so I’m able to accumulate funds and not need to cashflow certain needs and wants from my current monthly income.

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Did you know?

African Americans are significantly more likely to have some type of debt (94%) compared with the general population (82%). Credit card debt, student loan debt, and personal loans are all significantly higher in the African American community.

Source: Prudential’s 2013 "African American Financial Experience" study