Previously on the blog, we have talked about the process of developing a personal budget. In this process, four steps were listed out: 1. Tracking spending and income, 2. Self-reflection, 3. Creating the budget, and 4. Trial and error. While these steps walk through the process of developing a budget, it is also beneficial toContinue reading “Three Potential Budgets for Your Money”
Category Archives: Budgeting
Needs Vs. Wants
“More important than making money, is figuring out what you want to do with that money” (Patrick Schulte). In life, everybody knows that they want to make money to afford their desires in life. In most cases though, people’s desires are vague and a plan is not created to fulfill those desires in the shortContinue reading “Needs Vs. Wants”
The First Step to Wealth Building
As we grow older in age, our priorities change in several ways. One of the biggest priorities for young adults is building wealth. When it comes to building wealth, people will give you different advice on how to grow your money. The common advice that you will hear is to invest your money in theContinue reading “The First Step to Wealth Building”
Simple & Easy Steps Toward a Strong Budget
As you gain independence and responsibility, you have probably heard from a variety of people that a budget is important to effectively manage your money. Simply put, a budget is a plan used to organize the way you use your money. This is important because how you use your money has a major impact onContinue reading “Simple & Easy Steps Toward a Strong Budget”
