These are a few of the questions you may ask yourself every month.
The best way to answer this is by tracking your monthly spending. Tracking every dollar you spend each month for a minimum of six months will give you a better idea of how you can save. For an example of what an expense form looks like, we have an example in our forms section on our website. Tracking your spending not only benefits you but also your family. First and foremost, make sure you have paid all of your monthly living expenses such as your rent/mortgage, utilities etc. Once this is in place you can work on your savings, but how?