6 Ways to Improve Your Budget to Pay Off Debt - Brisebox

6 Ways to Improve Your Budget to Pay Off Debt

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Updated: Mar 13 2022

Debt is accrual from your vigorous borrowing tactics, and it is possible that you may have recently fallen into debt. If that is the case for you, it will definitely be important for you to budget wise start now and the in the next couple weeks. Although you can get by without a budget, but if you are budgeting as a way to pay off debt and pay it off. you it would be helpful for you to look in making major improvements so that you can be on track to achieving your financial goals. 


First start by measuring where you currently are in your finances. Since you might already be on a budget this might be easier for you. Either ways, it will be helpful and resourceful to allocate this measurement and tracking to some available softwares. 


There's an abundance of spreadsheets, methods, and printables, that are available for you to create a budget.


If you do not want to go the technology route, try to make some major improvement in your budget. By following these methods.


1. Improve Your Zero Based Budget

Improving your zero based budget is a great start to improving your budget to help with tackling paying off debt and ultimately pay it off. Begin by creating your zero based budget and then work on improving it. To Create your Zero Based Budget, you will need to list your income from your regular job, residual income, and your side hustles if you have one. You can learn more about your Zero Based Budget in the next tips.


Your ​​Zero Based Budget will encourage you to allocate every penny of your monthly income towards expenses, savings, and debt payment.


To do this, simply subtract .1 from your total and you can then make your improved zero based budget from there. 


2. Categorize your Purchases


This is not a necessary step but will surely help simplify and organize things, which will help you see areas of your budget. 

Set your purchases into categories that fall into categories like emergency funds, clothing, fitness and exercises, personal expenditures, housing and bills, utilities, and groceries. Clothing is a big category that many purchases can fall into. You can make drastic improvements in this sector here if you make it a necessary step to improve your budget. Explore tools that help you budget and save while shopping. There are many more that can also be categories but you can determine them by conducting a thorough evaluation of your expenses and the things you purchases every month or every quarter - some like internet and medical expenses. Try these tips to determine things you can categorize.


3. Record Your Regular Income 

It will be helpful to record your regular income. Take a look back at the last month, and navigate to your banking statements. If you notice that there is a change in the statement then you can begin making a record of your income and determine where you can improve. 

Recording your regular income helps you budget better. It shows you areas that you should and should not be spending on. Buy things you need rather than things you simply want on non-holidays. 

Budgeting isn’t hard to do it’s just hard to stick to. There are many tools that make you budget better. Some help you budget consistently because it forces you to manually enter transactions every time you make them.


In addition to your budgeting, try these extra steps to save, so you will have enough money to pay off debt and finally pay it off!


4. Try other grocery stores instead of premium grocery stores, and something for non-groceries items, you can try buying used. 


5. Use up free trials and use it for things like working out and even budgeting resources


6. Avoid commuting to long distances. This can meaning shorter trips to workplace. In fact, if you are close enough it might be helpful to ride a bike and even get some exercise while you’re at it. Nonetheless, shorter commutes could save you hundreds and make greatly reduce your debt.


Being in debt is not an exciting then however you can work your way to being debt-free. You budgeting is the first step and making major improvements on it this year will serve you well. 

You may think your budget is done and complete, but there is usually always room for improvement, and in this case, even for your budget. Take your Zero Based Budget seriously, categorize and organize your purchases and regular income, and you should be on your way to paying off your debt. 

Stacy Mitchell is a freelance multimedia journalist and content creator with in-depth experience developing and executing editorial strategy for some of the most pressing topics in finance, including, Gen Z credit literacy, and Personal finance. Contact

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