People draw up budgets hoping to ﬁnd an answer, sometimes it’s good just to see where you’re currently spending and maybe adjust your thinking.
Many people that reach out to a licensed insolvency trustee have already experienced disappointing results in family budgeting.
Yet, a trustee will still want to do a family budget with you. What’s the difference?
Speaking with a trustee about your finances and budget gives you a make over of your ﬁnancial affairs. A budget is shaped by what you have as monthly income, not by what you owe.
A budget can also be used to identify a costs or spending that maybe part of your present day ﬁnancial problem.