You have just finished creating your budget.  You have a list of all of the money you have coming in and all of the money going out.  Uh Oh!  The amount of money going out is higher than what is coming in.  What can you do?  Sort out the Need from the Want and then trim the fat!  First Steps to Take – Separate Needs and Wants: First, separate your spending into two lists:  Need and Want.  Let’s consider the Wants as things that you can live without.  Prioritize that list of Wants so you can see what is most important to you.  We will put that list aside and…