How to manage a 'diligent' budget amid record inflation

With many Americans seeing their money not go as far as it once did, financial expert and podcast host Rachel Cruze encouraged "diligent" budgeting during 40-year-high inflationon "Mornings with Maria" Monday.

RACHEL CRUZE: Inflation really is hitting the American people so, so hard. And so what you should do is budget. How should you be budgeting? You need to budget. A lot of people say, 'Well, my budgets in my head,' or, 'I think I know what's going on.' You have to be so diligent where every dollar is going. So I want it visual. What you want to do is have your income for the month minus all of your expenses, including giving and saving, have dollar amounts to each of those categories, and your income minus those categories should equal zero. So every dollar coming in is assigned to a category.

Changing the way we're viewing our money and the way we handle our money can be really difficult. But I would say push into that change, it's going to be uncomfortable, but it's going to be worth it.
Fox Video by screenshot is licensed under Fox n/a

Help FAIRtax Become The Number One Issue in 2024

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes to your existing Monthly Re-Occurring Donation with new card or billing address information, then Please call Adam Yomtov our New York State Co-Director. He is assisting with the administration of our donations, technology services, and website.

Please note: Inputting your new information at our website won't update your donation. The only way to update is by calling Adam Yomtov 917-689-3931 mobile.

Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share

© 2014 - 2024, FAIRtax, all rights reserved
Privacy Policy | Terms of Use