Tag: Debt freedom
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Creating a Budget
Now that you have an accounting software to help you track your spending its time to create a budget. To create a budget, you will need to create categories based on your spending habits. Here are the categories that I like to use: Bills: This category includes rent/mortgage, water, electric, internet, insurance, phone and so…
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Why is Accounting Important
Accounting is one of those tasks that is time consuming and seems unnecessary but even just doing the basics can save you money and help you learn the spending habits of yourself or your business. With this knowledge you can make changes that will help you, for instance, get out of debt. I, personally, like…