The 80/20 budget is very similar to the 50/20/30 budget in that you simply take your income and chunk it up into broad categories. However, the 80/20 budget is even less specific than the 50/20/30 budget making it quicker and easier to use than the 50/20/30 budget. Here is how an 80/20 budget would work: Continue reading “Budget Types: The 80/20 Budget”
I came across this article the other day that promised 16 ways to save money this year, so of course I was interested! I got to reading it and I found that a lot of the ways this article listed to save money were too specific and really didn’t apply to a lot of people. I willContinue reading “Money Saving Tips”
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? For if you lay the foundation and are not able to finish it, everyone who sees it will ridicule you, saying, “This person began to build and wasn’t able to finish.” -Luke 14:28-30 (New International Version)
The beautiful thing about a budget is that it can be flexible and can adapt as your situation and goals change.
My purpose and goal for this website and blog is to reach as many people as I can to educate and encourage people on budgeting. Budgeting is something that has always been extremely important to me and, over the years, I have learned that not everyone looks at budgeting and money management in the sameContinue reading “Spread the News!”
“A debt problem is, at its core, a budgeting problem.” -Natalie Pace
Lazy men are soon poor; hard workers get rich. -Proverbs 10:4
When it comes to budgeting, you need to be prepared for the worst to happen.
The whole point of a budget is not to restrict what you spend, but to allow yourself to spend money without guilt, regret, or stress.
Student debt is a major, major problem today. There are 44.7 million Americans that have student loan debt. The average amount that people have in student loans is $32,731 with an average monthly payment of $393.