Budget Planning Guides | Americor

Budget Planning Guides

Your debt challenges are unique, we understand that. Our products and tools are designed to help you get out of debt, yet the entire process of doing so is easier said than done. Hence, Americor Financial Services offers budget planning guides for individuals looking to systematically tackle their debt issues.

Here are a few things that you will need to get started on to begin the process and receive your budget planning guide today.

 

Drawing Up Comprehensive Budget Planning Guides

This step isn’t as complicated as it sounds. Essentially, this process entails determining your monthly income, expenses, and of course debt, while totaling it up to generate your official income report. To do this, you must first break down your expenses into categories. Here is a great way to segment your income:

  • Determine your monthly income. This is the first rational step. Ideally, your monthly income is also your monthly budget. Your salary, almonony income, government assistance checks, etc should all be totaled up to one singular number.
  • Calculate your essential living expenses. These basically include your mortgage or rent, transportation, medical expenses, and utilities.
  • Calculate your non-essential living expenses. Everyone wants to live a comfortable life so make sure you account for the optional things in your life such as vacations, pets, and holiday expenses.
  • Total up your debt. Now that your expenses are totaled, debt guides can help you begin figuring out how much you owe, from credit card debt to student loan debt to mortgages and more.

 

Using Financial Planning Guides for Your Benefit

Once these steps are done, you can fill out our custom financial planning guides to get your spending back on track, while figuring out unique ways to pay off your debt within your budget.

 

See How Americor’s Debt Guides Can Help You

Granted, debt planning isn’t all that simple. To help you, our support team is always available to answer any questions you may have. We are ready with just a single call. Let us assist you today.