4 CLUTCH TIPS TO MASTER YOUR BUDGET - Nexum Group Inc | Florida Debt Collection Agency


How to Run Credit Checks and Background Searches on Tenants
February 11, 2018
How interest works for you or against you.
December 2, 2018
Show all


This article is for virtually every human being, whether your currency is apples or the American dollar, every person probably should budget and ration according to their circumstance. Full disclosure, I am not a perfect person who sticks to every single budget, diet, or whatever parameters you set on yourself to whatever you think is improving yourself.

I can say a few things that have helped myself come to this place. We manage our clients accounts receivables, pay our employees, and I manage my personal money enough to be ahead on bills along with living a pretty decent life!



The more you build on your fortress, the more you start to see charges coming out. Make sure you keep an eye on these to be able to gauge how much you actually are spending and how much is just normal bills coming out. Example: I didn’t realize I had both ITUNES and YOUTUBE RED coming out of my account each month because they were on my credit card. I cancelled ITUNES(no offence Apple) and saved 10 bones right there).



People sometimes budget on the minimum that their electric or groceries can be. They budget based on if they use no electricity and eat Ramon Noodles each month (no offence Ramon). If you set your budget to the max of all of these bills, you will likely have $30-50 extra per month left over that will carry on to the next month. Example: Month one my electric is $120, month two my electric is $148, and month three my electric is $125. I am going to set my budget for $148 monthly as it could be that and I would rather be prepared and save extra. DO NOT TAKE THE MEDIUM OF THESE NUMBERS!



Whether you are a business owner, employee, work at the farmers market crushing it, or currently living on government assistance, separating your funds is key to being able to manage them. Having everything come out of one account can be very hard or nearly impossible to manage. Setting aside one account for bills, one for play time, an emergency account, or maybe even one for a trip every couple month is clutch, If you do this, you do not have to use a whole paycheck on rent, trips, birthdays, or whatever else is happening at the time.



Most likely, you have everything you need to survive; and the people in your life to make you happy. There were people living off rice patties and water for hundreds of years and led great lives. There is nothing you truly need except love from your family/friends, a roof over your head, food, a job to support these things. Also (I am religious so God comes first on that list, but to each is own.) Anything else is extra that you have to work, study, or obtain a skill to get. If you do not want to do that, it is ok and life is still GREAT.


I have to take an bit every few months to recalculate the budget because life goes on. If you are constantly wondering what the heck is going on with your money each month, it might be time to take a minute to organize. It is much easier to set a budget into place then try and figure it out as you go.


Hope this helped!!!

–  Mike

Leave a Reply

Your email address will not be published. Required fields are marked *


Request A Quote
Give us an idea on what you're dealing with so we can provide a free debt collection quote for you. Quotes are responded to within 24 hours.

    Your Information

    Submit An Account

      Your Information

      Your Debtor Information

      *Do not use debtor place of employment for consumer claims


      Terms of Service Agreement

      This agreement is made between Nexum Group and You herein referred to as client.

      1. Client warrants the authenticity of all claims placed with Nexum Group for collections. Client agrees to forward supporting documentation for each claim to prove the validity of the debt upon request.
      2. Nexum Group agrees to use its best efforts to collect on any and all claims submitted.
      3. Claims placed with Nexum Group by CLIENT shall be charged the below contingencies.

      Any claim under (1) year over $1,000 shall be charged a contingency of 30%. Any claim over (1) year over $1,000 shall be charged a contingency of 35%. Any claim that is under $1,000 or requires litigation shall be charged a contingency of 40%. Nexum Group is owed its respected fee regardless if the debtor pays the CLIENT directly or Nexum Group.

      1. Client shall report all direct payments made within (4) days of receipt of payment. It is agreed that commissions due on direct payments shall be remitted to Nexum Group within (14) days.
      2. Any merchandise returned to CLIENT by debtor will entitle Nexum Group to a 10% contingency of the invoiced amount.
      3. CLIENT agrees that Nexum Group can forward a case to an outside law firm to assist in the recovery to assist in the recovery and grands permission to do so at their discretion. CLIENT must give the approval to transfer the case if the transfer results in additional charges
      4. Any claim placed by CLIENT that is found to be placed in error or previously paid will be bill by Nexum Group at a rate of 10% of the amount.
      5. Nexum Group shall account to client all payments collected monthly and provide portal access to track payments online. CLIENT will be provided a statement enclosed with each payment made by Nexum Group. Anything collected before the end of each month will be remitted at the end of the following month.
      6. CLIENT may recall a claim forward to Nexum Group if the claim is not in legal status or there has been no recovery on the account within 90 days. Any cancellations must be expressed in writing via email to corporate@nexumgroupinc.com. Upon cancellation, all fees owed to Nexum Group shall be paid in full. Claims withdrawn after payments have been received or intended to be received CLIENT shall be charged the full contingency for balance submitted. 
      7. This agreement shall is governed by the laws in the state of Florida. In the event, any provision is found to be invalid or unenforceable, that provision shall be deemed removed and remaining provisions shall remain in full effect.

      CLIENT Full Name :

      Agreed on this date :


      Make A Payment

        Electronic CheckCredit/Debit Card

        [group electronic-check]

        Pay By Electronic Check

        Personal AccountBusiness Account

        By signing below, you authorize Nexum Group Inc. to make debit entries in the form of ACH transfers in accordance with the Payment Schedule. You acknowledge that the origination of ACH transactions to your account must comply with the provisions of U.S. Law and the Rules of the National Automated Clearing House Association.

        Your payment will be made automatically from your designated account. If your due date falls on a weekend or holiday, your payment will be deducted on the first business day following your payment due date.

        If there are insufficient funds in your account, Nexum Group Inc. may elect to electronically (or by paper draft) re-present your payment up to two more times. You also understand and authorize Nexum Group Inc. to collect a return processing charge by the same means, in an amount not to exceed that as permitted by state law. You may cancel this authorization by sending written notice to Nexum Group Inc. at the address above or at 877-652-0822, or by completing a new copy of this form. Nexum Group Inc. must be notified of revoked authorization at least 1 day prior to the payment due.

        Please keep a copy of this authorization for your records. If you should have any questions concerning your payment arrangement please contact us at the phone number listed list above.


        [group credit-card]

        By Checking this box I understand that there will be a 4% convenience fee added to my payment. I understand that the total amount charged to my card/account will be $


        Positive SSL


        Request A Quote
        Give us an idea on what you're dealing with so we can provide a free debt collection quote for you. Quotes are responded to within 24 hours.

          Your Information

          Get A Free Quote - call now and see how we can help

          Positive SSL
          NEXUM GROUP INC is a Licensed Florida Collection Agency with offices in Orlando FL, Fort Lauderdale FL, Jacksonville FL, & Tampa FL. Specializing in Consumer & Commercial Collections //]]>