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Some of her suggestions involve reducing your expenses.
Others require extra work.
But all four tips can help youfind extra money in your budget.
Bring In Extra Income
Warshaw said bringing inextra incomeis a must and recommended starting a side hustle.
For millennials, its $1,119.
To find a side hustle youll stick with, explore options that fit your skills and availability.
Here are some of the most common side hustles.
Take a close look at your spending and identify areas to cut.
Here are a few places where many people can easily find savings.
Now is the time to pull back on those contributions.
Some financial expertsrecommend the rule of 6% when it comes to paying off debt versus investing.
Ramseys steps also include fully funding your emergency savings three to six months worth of expenses before investing.
According to Warshaw, this is money you should be using for other financial goals.
To change your tax withholding, use the tax withholding estimator on the IRSwebsite.
Then submit an updated Form W-4 to your employer.
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