Budgeting – 5 Does to help you Budget

BBR Productions Inc
• BBR Productions Inc : Budgeting – 5 Does to help you Budget

These five helpful budgeting “Does” will make any budgeting system go much smoother.

1. Spend less than you save : Live within your means. This is a simple rule for wealth growing while utilizing a budget. Buy within a budget. Over the year a monthly spending average could raise or lower based on spending habits. Stay within Cap Budgeting Numbers to maintain growth. When cuts can be made, take advantage of this situation; you have earned it!

2. No credit cards : Credit cards accrue debt. When no money is saved over a person’s budget, then a Credit Card purchase should not be made. If a Credit Card is a necessity, then purchase only if the complete value is in an aside spending pile. This will help grow a line of credit and build your value. However, once Wealth grows, a line of Credit will not be needed.

3. Create Investments to Buy Wants : To purchase a car, house, or items that will accrue a loan payment, develop an investment. This investment will pay for the Want. A house has a mortgage which can cripple individuals living on a shoestring budget. Having an investment earning money over expenses will make purchasing things like these easier on the wallet.

4. The 6 month rule : If ever you want to purchase anything look at your monetary situation. If you purchased this item and lost your job on the same day, could you maintain a comfortable lifestyle and pay all your bills off within 6 months? If the answer is NO, then you cannot afford this item. Thus, save up for this item over your established budget so it does not cause issues.

5. Guess Low for Income, Guess High for Expense : You want to always be ahead of the game with free wiggle room. If a paycheck average is $263.00 a week, round down to the nearest dollar increment: Record it in your budget as $250.00 a week. Expenses should be Budgeted higher than their average by rounding up. Electric Bill averages $163.00 a month, record it in your Budget as $200.00 a month.

PS… Can you find the monkey?

Call our office : 631.599.2263
Visit our website : BBR Productions Inc


About BBR Productions Inc,

Our mission is to bring reality to your dreams by being an affordable all inclusive production company for every type of venture and those who wish to find success in their possibilities. In 1996 BBR Productions Inc., began which was strictly an illustration company working with local illustrators and comic book company’s. In 1997 BBR Productions Inc., expanded adding audio recordings, graphic and web design, photography and mass marketing. BBR Productions Inc., first major client was TENEbRAE although other bands were signed on to the company roster for marketing and graphic design layouts. During 2000 BBR Productions Inc., began setting up small local shows and organizing large musical events featuring national acts throughout the Tri-state area. Working with musical acts, comedians and actors BBR Productions Inc., expanded yet again to more of an all inclusive entertainment company. In 2007 Began doing more with direct consultation, helping others create opportunities as well as managing more acts. 2008 marked the 1st annual Laughter is the cure show, helping raise money for foundations such as "Multiple Sclerosis Foundation" and various "Cancer Foundations". Soon to be on its 5th year. In 2013 BBR Productions Inc., opened its offices on Long Island NY allowing space to do in house seminars helping others realize their dreams with the help of people who have already been there. On October 3rd, BBR Productions Inc., will open their second office in Holbrook growing from 1,000 square feet to 3,800 square feet.
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