Across the United States today, more than nine percent of adults are unemployed. Without a job, you might be receiving benefits from the government or living off of savings. Either way, you will be on a limited budget. Even small expenses can add up, taking away from your security and your finances. If you are unemployed, here are a few basic budgeting tips to help stretch every dollar.

Budgeting Tip #1: Get Rid of Unnecessary Expenses

Make a list of all the things that you spend money on in an average day, week or month. While the necessary items are things like the mortgage, the car or utilities, there are likely a lot of things that you can cut from your spending. Luxury coffees each day, eating out in restaurants or paying for cable are things that you can eliminate right away to reduce your spending. [Read more…] about 6 Basic Budgeting Tips for the Unemployed