Covering your Four Walls is your first budgeting priority. These are the things that will keep your family safe! If these four walls are covered, you will have less stress and anxiety in your life. You’ll be more able to focus on the things that really matter.
The third of the four walls is transportation. We need to get to work, to school, to the grocery store, to the doctor... This does not always mean we must have a car, however. This may mean affording public transportation for a while as you save up for your own vehicle. It may mean riding a bike or scooter to get around. Take a look at your budget and be sure you are including enough to cover your monthly transpiration needs. If you have a car payment, be sure you have enough to cover it. If that car payment is too much, consider selling your vehicle and getting something more affordable or using public transportation for a while. This category also includes some money to cover auto insurance, fuel, and maintenance for your vehicle. However you decide to get around, be sure you are budgeting appropriately for it. If you lose your car due to no-payment, or you can't afford to fill the gas tank, how will you get to work? Do some planning ahead and be sure you have your transportation needs covered each month! If you’d like a little extra help getting your budget set up to keep your family safe, get in touch - I’d love to sit down with you and help you figure it out! I'd love to help you make a plan for paying off your auto loan as well!
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