With the high cost of living everyone is probably trying to be a little more mindful of their money in today’s economy. While strategic money management may be challenging for many, University of Tennessee Extension Consumer Economics Specialist Christopher T. Sneed has laid out six simple steps that anyone can follow to build wealth and develop lifelong, sustainable spending practices. Build a Budget The first thing you need to do is to gain an understanding of how much money you have coming into your household (income) and how much money you have going out of your household (expenses). Building a budget will help you gain this understanding. While some people think budgets are b
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