Budgeting #4: What to do about my surplus or deficit?

About the Episode

Ilona Friedman of CD Wealth Management walks through how to go about your surplus and deficit. For surplus, it’s best to maximize your savings. For the deficit, it’s best to find where you can cut from your expenses — the easiest places to cut from include restaurants, shopping and excess money going toward unused apps. Cutting these will get you closer to break even or reach surplus, which is the goal.

About the Guest

More Insights on Budgeting