Get your budget in order

The holidays are approaching and we’re beginning the 4th quarter- which means now is a great time to check in on your financial health.

Certified Financial Planner Michelle Buria says that the 50-30-20 is a good place to start when setting up your budget.

These are percentages of your income are respectively dedicated to needs, wants, and savings.

Needs are housing, food, and healthcare. Wants are discretionary- could you live your life without it? Theno can put money aside and build up your emergency fund with Savings.

If you have debt, credit card debt might come out of wants. Students loans, however, are apart of your needs.