Distraught Woman A look of terror

How many of us have said to ourselves the following: “This is the year I am going to start budgeting?” Well, apparently the personal finance writers are on to us as a plethora of “how to budget” articles hit the newswire every year around this time.

I picked through them and thought you might want to share these with your students:

• The Most Common Budgeting Problems and How to Fix Them (LifeHacker). I particularly liked the point about the importance of budgeting with a purpose.

• Budgeting in 2016: 4 Tips Everyone Should Know (Motley Fool). Good point about how your budget must reflect your lifestyle.

• Build Your Budgeting Muscles (NerdWallet). Provides good list of budgeting apps to track your spending.

• Six Ways to Save More Money in 2016 (US News and World Report). Encourages consumers to negotiate for monthly expenses.

• Five Powerful Financial Habits To Form in 2016 (Forbes). Automate your finances and know your financial priorities were my two favorites from this article.

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Check out the most popular NGPF Activity: Create A Salary-Based Budget

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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