Consolidated Credit Canada » Videos » Building a Budget – Maintaining Your Budget Long-Term

Building a Budget – Maintaining Your Budget Long-Term

The budget you’ve constructed is only going to be useful if it can stand the test of time. You need to maintain and adjust your budget periodically to make sure it continues to work. Watch this video to learn how to do routine budget maintenance.

Your financial house needs regular maintenance.

If you see that things aren’t fitting together quite right, then you need to make some adjustments. If this happens, don’t be alarmed, your budget changes over time, just like you do.

And if you have a new expense that you need to add in, look to remove or scale back some discretionary expenses first.

<ON-SCREEN TEXT: holidays, birthdays, vacations, school, marriage, children, retirement>

And always build in additional savings first.

Once you have a solid house with well-stacked savings and no debt, you can start indulging in those luxury additions that you want.

Because with the right team behind you, you can build the best financial house for your needs.

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Get a clear picture of your spending vs. your income. Begin your online budget and financial analysis now by clicking the button below.

Our experts are here to help you understand your options and reach your goals. After you complete the easy-to-use online budget, one of our trained counsellors will reach out to you and provide recommendations.

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I understand and agree that by choosing “Start your online budget now”, I am voluntarily providing certain personal financial information in order to educate myself as to my current financial position. I understand that this budget tool is educational in nature, and that none of the information received in the form of a budget constitutes financial advice, nor does it constitute a counselling session. I understand and agree that the budget depends on the information I input into the fields, and that Company does not represent or guarantee the accuracy of the budget. I understand that this tool may collect information and should I choose not to provide such information, I am not to proceed further. If I choose to abandon the tool midway through the process, I understand that the information will not be maintained and I would be required to start providing the information from the beginning. Company disclaims all warranties associated with the budget tool herein. I understand and agree that Company may use the contact information provided herein to contact me through various means of communications, including automated messages, and that I expressly consent to receive these messages.