Whether you are suddenly faced with a new financial challenge, or simply trying to save money, these tips can help you achieve your goals.

Begin by creating a realistic budget plan:

• Know what bills are due and when.
• A checking account will provide an easy way to pay bills and a way you keep track of what you spend.
• Ask the electric and gas companies if you can get on their budget plan or average payment plan.
• Know how you spend your money.  Get in the habit of keeping receipts. Categorize your expenses and look for ways you can economize.
• Plan for large and periodic expenses.  Make a budget calendar showing the appropriate amount of these expenses and when they are due.
• Budget for regular maintenance and unexpected repairs
• Adhere to a regular savings plan. Many financial advisors suggest saving 5% of your take home pay.
• Always keep an emergency fund on hand. You need to have a nest egg.
• Plan a head for major purchases rather than making impulsive decisions.
• Put together a seasonal inspection checklist for your home and car to prevent costly repairs in the future. 
• Buy do-it-yourself repair books and videos for minor home repairs.