Gallup Poll-2010

Gallup reported today that Americans are still weary of their Financial situations and "41% who describe their personal financial situations as excellent or good is the lowest Gallup has measured in the past decade." However, the same poll aslo demonstrates that peoples optimism is improving from last year as signs of a recovery, however slow it may be, are influencing the way people respond to the economy.

"The April 6-9 poll also asked Americans whether their financial situations are getting better or getting worse. Roughly the same percentage now believes their finances are improving (39%) as declining (40%). That is a slightly more positive assessment than Gallup has found in the past two years, when Americans were more pessimistic than optimistic."

The reality is that the more people begin to sink back into steady economic growth they will inevitably become more optimistic. The only sign that the recession will end is as we experience more of the organic growth in the marketplace that we are beginning to see early signs of now.

Americans Remain Down About Their Financial Situations

Why use a monthly expense report? Budgeting, Saving and Fun

Hello America in 2010,

There are really only two reasons for creating an expense report! These reasons are so that you can inform yourself on what activities you can spend more money on and so that you can maximize your savings. If you know how much money you are spending each month, from housing and food to entertainment, you can plan on which areas of your life you can spend less or even spend more. From here you will be able to discern what costs need to be cut in order to balance your budget and achieve the lifestyle you want for yourself. Just think of it, you will know exactly what income you need to achieve the goals you have for your life. With an expense report, you can determine how your monthly expenses compares to your overall income. What if the current difference allowed you to save $500 extra dollars per month which could go toward a down payment or your next vacation.

I have been using a simple spreadsheet to track all of my monthly expenses for over two years. During this time, I have improved my monthly savings which was non existent and has now grown to $950 per month, without changing many of my current habits. During this time I have also been able to fly to Hawaii, travel to Mexico, enjoy the luxuries of Washington DC without the pressure of making more money. I am offering the same spreadsheet that I use in my home for you to use in your home for free. Click the download now button to begin your new fiscal future.


Mr. Savings