Money Management: Budgeting by the Signs
Let’s face it: sometimes managing money can be challenging. Tap into the secrets of your Sun sign for maximum financial potential. Here are some budget tips from the cosmos!
Channel energy into action. What you do directly affects your bottom line. Responsiveness — when paying bills, reorganizing your finances or investing for the future — is key.
Slow, steady and simple is your preferred budget style. Think property, stable savings accounts and low debt. A little each week adds up to a lot over time. You’re a sign who can actually save before buying.
Variety keeps you interested, so don’t put all your financial eggs in one basket. This applies to investing not debt. Budget for the short, medium and long-term so that you always have something different to focus on.
“Safety first” is your financial motto, which means a rainy-day savings account before any over-the-top spending. You’re cautious and want your money where you can see it. You’re naturally frugal and a prime example of living within one’s means.
Your love of luxury means you’ll happily splurge on quality — whether it’s the supermarket or on Rodeo Drive. Channel your purchasing passion into quality investments rather than couture handbags and you’ll be on your way to amassing a fortune.
The devil is in the details for you, Virgo, and a detailed budget spreadsheet pleases you. Keep a spending diary to see where every penny is going, then organize your weekly and monthly budget accordingly. Data helps you plan effectively.
Balance and teamwork are key for you, so get a trusted advisor to review your budget for extra insight. Indecisiveness can be a problem, so make a financial plan and stick to it. Action is key to asset building.
You’re aware of the power of money, but must make sure that it doesn’t control you. Money is energy and creating flow — rather than being tight fisted — is key. Apply the pay-yourself-first motto. Then, once savings and debts are being dealt with, spend freely knowing you’ve contributed to your future.
Your optimistic outlook means you live for today and sometimes forget about investing for the future. Stocks and business investments suit your gregarious nature. Being a Fire sign, images work well for you: Envision your credit card at zero and your savings account at an ideal figure.
You know good things come to those who wait, and understand the role of time in creating wealth. Apply the set-and-forget budget strategy. Consider where you want to be five years from now, structure your budget accordingly — ideally with automatic payments for maximum efficiency — and then put it out of your mind.
Your inventive approach means you’ll happily use technology to your advantage. Consider spending apps to track your costs and take time every month to analyze your money data. Quirky investments and unconventional strategies work well for you.
You seek inspiration everywhere and will be most inspired by a creative, artistic budget. Forget spreadsheets and instead put together a money collage that includes numbers as well as images of what your accounts will look like three, six or twelve months down the road.