Resolve to Maintain a Better Budget in 2015

Money management is difficult and many people resolve to budget better as the new year starts. Devan Wallen from Financial Partners in Knox says the first step to a better budget is to cut out unnecessary expenditures.

“Probably one of the first things you can do is to rid yourself of the non-necessity things. A lot of times people engage in bad habits like smoking, drinking, dining out, and shopping too much and that can cause quite a hindrance to the budget,” said Wallen.

Credit card bills can be overwhelming, especially after the Christmas holiday. Wallen suggests cutting credit cards out completely.

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