Personal Finance | Budgeting | Debt Payoff
If you are not budgeting your money right now, two main reasons could be responsible for it; the first one is the fact that you may not have insight into how a budget is being created, while the second reason could be that you have certain budgeting myths that are deterring you from budgeting your
Being able to thrive financially as a college student is very important. Even though you’re focused on your academics, you need to sometimes pay attention to your finances. This is why it’s crucial for you to learn how to budget your income effectively. Sometimes, as a college student, you may have to work on the
If you were asked to give an accurate account of how you spent your paycheck last month, would you be able to give a reasonable answer? This is not something that should cause you to rack your brain. If you have a working budget, you will be able to estimate how your money is spent.
Being able to sustain yourself financially goes beyond just making money. Although making money is key, that’s not all you have to do. You need to be able to manage the money you have earned. You must put a strategy in place to manage, save, and invest your income, whether as a business owner or
Being financially stable entails two basic steps. The first step is to earn money, while the second step is to manage the money you must have earned. As a 9-5 worker, whether you earn a fat paycheck or a small chunk of money, you must learn how to manage your salary. Managing your salary would
Budgeting should be the lifestyle of anyone who wants to build a sustainable financial life. A budget is simply the plan or blueprint for how you intend to spend your earnings. So, rather than spending money randomly, one is expected to know how to budget money. Budgeting always serves as a guide to how money
