By Caroline Wright
Fear #1: Establishing a budget would mean facing where you're really at.
Taking an honest look at your finances can be downright scary, which is why it sometimes seems easier-and less painful-to continue spending blindly rather than sit down and evaluate your situation.
Solution: Take a deep breath, pour a glass of wine, and pull out a pen and paper. Congratulations, you're already on your way to creating a budget! Now write down a number and breakdown for each of these three things: your monthly post-tax income, your monthly expenses, and those areas in which you tend to regularly blow through money.
Do you notice any patterns? Do you see areas where you can cut back a bit? The key to financial planning is creating a budget that you can live by-otherwise it'll end up in the shredder. If you know that you like to eat out every so often, look for other placesRead More »from Why 2014’s the Year to Finally Address Your Financial Fears