How to Start (And Stick) to Your 2021 Budget

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.

This week, we will be talking about ways to build a practical budget that you can follow — and how to navigate the surprise bills and financial issues that come along.

Topic: How to Start (And Stick) to Your 2021 Budget

When: Wednesday, January 13, 2021 at 3 p.m. ET.

Where: Twitter chatroom or join the live hashtag discussion.

The panel will include Barbara O’Neill, Ph.D.: Owner and CEO of Money Talk;  Beverly HarzogCredit Card Expert and Consumer Finance Analyst for U.S. News; Lawrence D. Sprung: CFP® President of Mitlin Financial, Inc.; Alexandria White: Money Reporter, Credit Cards at CNBC Select; Take Charge America; Paulina Likos: Investing Reporter at U.S. News; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian and Christina Roman: Consumer Education and Advocacy Manager at Experian.

Gift Card Giveaway

Enter here for a chance to win a $50 Amazon gift card!  Make sure to tweet out this page with the #CreditChat hashtag. We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.

Questions We’ll Discuss:

Q1: Do you start a new budget from scratch each year, or do you revise your previous budget?
Q2: What factors should you consider when developing a budget?
Q3: Has COVID-19 changed your budget priorities?
Q4: Did you include your New Year resolutions in your budget for 2021?
Q5: How often do you revisit your budget to stay on track?
Q6: What tools are available to help you track and manage your money?
Q7: What are some unique goals a budget can help you achieve?
Q8: What are some ways to cut expenses to free up room in your budget?
Q9: What are some ways to increase income to stay on budget and reach your goals?
Q10: How can sticking to your budget help your credit scores?
Q11: Any final tips for establishing your 2021 budget?

Check out our complete list of upcoming personal finance Twitter chats here.