A personal budget is a roadmap to achieving your financial goals. Whether it’s getting out of debt, paying off your mortgage, financial independence, or even retiring early; you’ll need a budget to get there.
These 18 best personal budgeting tips for beginners will help ensure you have a successful budgeting experience.
Does your budget vary from paycheck to paycheck? Do you want to budget, but aren’t sure how to budget with an irregular income?
Don’t worry, there are plenty of people that have fluctuating incomes. Budgeting with an inconsistent income isn’t much more complicated than on a fixed income, and can be just as easy to track month to month. To learn how to budget on an irregular income, please read on.
Do I need a budget? The definitive answer is YES. To illustrate the importance of a budget, let’s compare it to something most people can relate to, a family vacation.
For this metaphor, let’s say your financial goals are the destination and your budget is the map. Would you leave home on vacation without a map (i.e. some way of determining where you are and how to get to your destination)? For most people, the answer is no.
So why would you treat your personal finances any differently? Why would you live your life with no idea where you stand financially or how to use your finances to achieve your financial goals?
Read these 11 reasons why you need a budget.
Are you interested in saving money on your tv entertainment by cutting the cord? We’d been exploring the idea for months, but never could find the right mix of devices and streaming services to satisfy our entertainment needs. Finally, the beginning of this year, we decided to cancel cable and go with a combination of YouTube TV and Philo. This change has saved us ~$60/month (~$720/year) and provides more features and entertainment options than our local cable provider. Please keep reading to learn how we save money each month on TV entertainment by cutting the cord.
Budgeting is one of the key habits of people who are financially successful. Creating a simple, household budget is easy to do and can change your entire outlook on your personal finances.
Complicated personal finances can lead to inaction or procrastination, stress, mistakes, and bad decisions. The more time and energy you spend just managing your personal finances, the less time you have to focus on earning and saving more money, and the less time you have for you. If you dread preparing your budget each month or even dread just receiving a bill in the mail because, to you, it means one more thing you have to worry and stress about, you should consider simplifying your personal finances. Please find below 11 common ways to simplify your personal finances.
