5 Useful Sources for Budget Information That Will Help You Save Money
Managing your finances is a key factor for living a stress-free life. But it’s not always easy to create a budget plan that works for you. Sometimes we need help to kickstart the process. Here are five reliable sources of budget information that can guide you in making financially sound decisions.
1. The National Endowment for Financial Education (NEFE)
NEFE is a non-profit organization dedicated to educating the public on how to make informed financial decisions. Their website provides a wealth of information on personal finance, including budgeting tools, calculators, and interactive worksheets. Their “Smart About Money” course is designed to teach you how to budget, save, invest, and plan for retirement. NEFE is an excellent resource for anyone looking to improve their financial literacy.
2. The Federal Trade Commission (FTC)
The FTC is the consumer protection agency of the US government. They offer a variety of online resources, including articles and videos, on topics related to money management, debt, and credit. They also provide free educational materials for educators, parents, and consumers. One of their main goals is to promote financial security by providing reliable resources to consumers.
3. The National Council on Aging (NCOA)
The NCOA is a nonprofit organization focused on improving the quality of life for seniors. Their website offers information on financial assistance programs, budgeting tips, and ways to save on healthcare costs. Their online tool “BenefitsCheckUp” can help you find and apply for benefits programs that you may be eligible for. Whether you are a senior or not, the NCOA provides valuable resources for budget planning.
4. The Personal Finance Section of Forbes
Forbes is a leading source of business news and financial information. Their personal finance section provides articles, infographics, and videos on topics related to budgeting, saving, and investing. The personal finance team at Forbes includes certified financial planners and other experts in the field. Their content is regularly updated, making it a reliable source of information.
5. The Dave Ramsey Show
Dave Ramsey is a well-known financial expert and author of several best-selling books on personal finance. He also hosts a daily radio show where he provides advice on money management, investing, and debt reduction. Ramsey’s approach to budgeting is based on the “envelope system”, which involves allocating cash for different expenses and sticking to a fixed budget. His website offers a variety of resources, including books, tools, and courses.
In conclusion, finding reliable sources of budget information is essential for making informed financial decisions. The National Endowment for Financial Education, Federal Trade Commission, National Council on Aging, Forbes personal finance section, and the Dave Ramsey Show are all excellent resources for anyone looking to improve their financial literacy. With these resources at your fingertips, you will be able to create a budget plan that works for you and improve your financial future.
