One of the few things that can be said about living on a fixed income that is clearly positive is that it sure makes it easy to generate the income side of creating a viable and working budget! Most living on a fixed income, i.e. social security, an annuity, disability, or some other form of fixed amount suffer from the common problem of too little money and too much month. It can be a real struggle, but one tool that really helps to stretch every dollar is to sit down and setup a clear and accurate budget for those monthly expenses that you have that come in against your fixed income.
ClearCheckbook offers a free online budgeting calculator program that will do wonders for helping you to create a budget that will help you get a handle on how to stretch your available funds to meet the demands of every month. Offering a quick 8 ½ minute video tour of all of the features provided that can be accessed at their tour page, one is advised to take a quick review of this wonderful “free” product and start to get organized and on the road to better financial health.
If one takes advantage of the free online services offered by Clear Checkbook’s Budget Calculator and uses the helpful features provided to create new categories on their own, simply uses the templates provided, or a combination of both, they will nonetheless have a very broad selection of categories to start with:
• Eating Out
• Groceries
• Housing
• Rent/Mortgage
• Utilities
• Living Expenses
• Clothing
• Entertainment
• Travel
• Transportation
• Car Insurance
• Car Payment
• Gas
• Maintenance
• Miscellaneous
Covering all of the major categories that one needs to consider to start the budgeting process, the ClearCheckbook Budget Calculator will get both the novice and the experienced budgeter off to a good start for managing their monthly expenses. With the service offered in English, Español, Italiano, and Português one will also have a nice selection of major languages to use as well.
One of the keys to living on a fixed income is to separate one’s “wants” from their “needs.” As much as one may not like it, there is often little left over after taking care of one’s basic needs. One needs to “take care of business” first and then use any remainder to save for larger purchases or to tightly allocate for discretionary purchases. Simple facts however play true over time, and that is one does a much better job of being able to come up with discretionary monies when they live to a budget than when they just operate on the fly.
Anyone living on a fixed income should check out the free services provided by ClearCheckbook. With ClearCheckbook’s Budget Calculator, one can build, step-by-step, a comprehensive budget including all of the following:
• Bill Tracker
• Budget Calculator
• Reminders / Recurring Transactions
• Spending Reports
• Import Transactions
• Transaction Register
• More Financial Tools
Be in charge, be in control. Take advantage of the free resources provided by ClearCheckbook today.
Tags: budget calculator, budgeting, ClearCheckbook, finance, finances, money