Skip Nav
Budget Tips
36 Dollar-Store DIY Projects to Try Out
Work Life Balance
The 365-Day Happiness Challenge Guaranteed to Change Your Life
Job Search
Master These 15 Interview Questions

How to Budget

Savvy Tip: Don't Skimp When It'll Hurt You

It's never wise to take a one-size-fits-all approach to budgeting — you should always evaluate your situation and do what works for you. For example, if you know you're prone to car accidents, don't skimp on your insurance, just because budgeting experts say you don't need the most comprehensive coverage. If you're a bigger consumer than most, invest more in your 401k because you'll need more money to spend in your golden days.

Sure, others may be saving more in certain areas, but you don't always have to follow suit. You need to do what makes sense for your own situation. Instead, try to save in other areas that you don't mind cutting back on.

Image Source: Thinkstock
Around The Web
Join The Conversation
Travel Flash Sale Sites
What's the Difference Between a Debit Card and Credit Card?
Free Things to Do Outside the House
Tips For Saving Money at Starbucks
DIY Pet Costume Ideas
Cruise Tips
Best Things to Buy at Target

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Career & Money
X