Assets: Make money work for you

Picture this: you are the head of your own company. the big cheeze, the BOSS. you have hundreds of employees, and you sell a good or service that just rakes in the More »

Tips for a better personal budget management

As it was already said, creating a personal budget is one of the first steps for healthier finances. Apart from creating it, following it strictly is the next most important thing to More »

What to do after you have your Personal Budget

We already established the basics to create a personal budget. Of course, everybody has a different one; one that adapts to their lifestyle and especially their incomes and expenses. But, it does More »

Do you struggle to keep track of your expenses? Try these apps

Oh, technology. Some people say it makes our lives easier. Others say that it makes us lazier. Even though both ideas might be correct to some extent, there is something that can’t More »

Personal Budget: keep yourself out of trouble!

The personal budget topic is a serious one. We already discussed the importance of having one, how to create it, what to do with it, and a variety of tips about how More »

 

Personal Budget: keep yourself out of trouble!

personal budget

The personal budget topic is a serious one. We already discussed the importance of having one, how to create it, what to do with it, and a variety of tips about how to manage it. Now, let’s talk about those things that you need to be cautious about to avoid hurting the budget.

Most of the time, our spending habits are not good for our budget management. We need to take time to analyze them and try to change them.

The following are a list of things to keep in mind since they can affect the results in our budget.

Personal Budget – Important first step!

personal budget

One of the most important things to worry about when trying to have healthier personal finances is the amount of money we spend. On a daily basis, we are prone to pay for little things that may look harmless at first because of the minimal amount of money it is costing us at the time. But, if we were to keep track of all these expenses, at the end of the week/month we would be surprised of the total amount.

100% Electric – How we converted to a Nissan Leaf

100% electric

How going electric can really lighten your monthly budget. I am on an endless quest to reduce my monthly expenses which in turn maximizes our disposable income. One of most families biggest expense category is vehicle ownership. From car payments to insurance to maintenance to fuel, not to mention depreciation, a lot of money is funneled out of your wallet through a vehicle.

Now that I have finished playing captain obvious, you can quickly imagine a few strategies to minimize that exposure. The 2 main ones are

Personal Budget: Let’s build our own.

Personal Budget

Budgets are important! Companies live and die by budget management, why shouldn’t you? Let us take a few minutes to detail how to elaborate your own personal budget. As a reminder, a Personal Budget is a document where we quantify the incomes and expenses that we expect to have in a period of time.