Posts tagged budgeting basics
Why You Need A Budget and How to Budget

Budgeting is important for many many reasons. It gives you the peace of mind that you know exactly where your money went during the month. It also helps you plan for the future. Life has a funny way going up and down and round and round. There’s always something that happens unexpectedly and it’s important to be able to have a little bit of cash to back you up when your car gets a flat. Not only is is good for rainy day spending, but what about farther beyond that? How about retirement? It’s important to think about the long run when it comes to budgeting.

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How to Get Your Financial Life in Order

When you work 40+ hours a week, cook, clean, raise children, sometimes it’s hard to figure out how to keep everything organized, especially when it comes to finances. I know exactly how that feels, going through college, working multiple jobs, planning a wedding, and trying to keep my head on straight was difficult. During that time, I didn’t have my financial life together because I felt that I didn’t have the time to do it. In all actuality, I had plenty of time because I would watch at least one hour of Netflix during the day and spend the evenings talking with friends and hanging out. Especially when I was just starting out budgeting – I barely had anything to budget with. I only had two bills at the time and just needed to take care of myself which makes budgeting easy. For some reason I was reluctant to get it in order because that meant that I couldn’t spend the money however I wanted to, right? Wrong! It’s your money and it’s your budget. You can create a budget however you want to

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Why All Debt is Bad Debt

In today’s modern society, debt is a total normal part of life. It’s expected of us to be in massive amounts of debt and to incur more and more on a daily basis. Helloooo interest. There is no such thing as good debt. That’s a flat out lie. All debt is bad debt. Debt literally means “a state of owing money”. That means that you owe money to someone else. What if you borrowed that money from your grandma? Would you feel bad about not paying it back right away? I certainly would. Don’t buy into the logic that debt is normal. Debt is not normal. You’re in the red. Red means bad.

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