Tag: financial management
Save Money: Top 3 Ways
Learning to use creative ways to save money will help yourself to increase savings and investments for your future. There are multiple ways to reach goals for investments and savings from imaginary bills, side work, and taking advantage of employee match programs. Imaginary bills An example would be if your rent is $1,500 now, but…
Zero-Based Budgeting
Zero-based budgeting is income minus expenses will equal zero monthly. Tracking your expenses weekly or monthly are good options to keep a consistent personal budget. Start by gathering all your credit card statements and bank accounts to track expenses. Review multiple statements, looking for your bills and when they are due. Understanding each statement and…
50%-30%-20% Rule
The 50%-30%-20% rule is a tool to help one budget their overall financial life by using the after-tax income. 50% should go to needs this include rent or mortgage, groceries, and utilities. 30% should go to your wants, going out to dinner or events, new clothes, Television, ect.. The last 20% should be saved putting…
