Category Archives: Personal Finance

What to do after you have your Personal Budget

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 not end there. Creating the budget is just the first step towards a better control of our finances. What we do with it will have varying results depending on how strictly we follow it.

Fortunately, there are a few ways to know if we are doing a good job keeping our finances in check. This is what we are going to talk about in this post.

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

expenses

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 be denied: When used properly, technology can be a powerful ally.

Whether you use technical analysis software for the stock/forex market or just a simple app to keep track of your expenses, finance-related apps and programs have come a long way.

If your excuse to not knowing where all your money is going is that you are not disciplined, good news! These apps will help you whenever and wherever you are.

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.