Budgeting, no doubt, is fundamental to anyone who wants to pay debt faster, to live debt-free, and to feel more financially secure about the future, especially for retirement. Zero Based Budgeting is one of the most common methods of budgeting. This post discusses about what Zero Based Budgeting is and how to build one.
Tag: Budget
How to Stick to Your Budget: 10 Tips
The hard part of sticking to the budget is not just spending no money when we don’t have money, but also when we have too much money. Entrepreneurs can earn much more than the average monthly income but in the next month or two, they may earn nothing, especially when the overall economy is not performing well due to whatever reasons, including the latest event: the lockdown restriction due to Covid. Below are 10 tips on how to stick to your budget:
Personal Budget: The 13 Must-Have Categories
Creating an ideal budget can be tricky as there’s no one-size-fits-all type of budget. A budget should suit our lifestyle and therefore, it’s important to identify what our priorities are. However, even though there’s no one-size-fits-all type of budget, there are must-have categories for a budget to work accordingly. Here are the 13 must-have categories:
5 Best Free Apps to Track Your Money
While tracking our spending can be easily done by writing it down on a book or a piece of paper, this simple method is not easy to use when we want to analyse our spending in a more visualised way, e.g. seeing the spending in a form of graph or chart. Whether you want to track your spending to save money, pay off debts faster, or put an end to late payment fees, having a spending tracker or budget app can make your life easier and simpler.
Budgeting for Startups – 8 Essential Tips
For startups the income is not (and won’t be) as regular as expected. Therefore, budgeting has to be done with extra careful consideration, making sure that you have something to eat when you are not making any money.
What Is Budget? Where Do You Start? How to Stick to It?
What is budget? Is it really difficult to set one? Where do you start? How to stick with it?