All posts filed under budget

The Unnecessary Purchases I Made in 2021

Some financial goals I set myself for 2021, I didn’t manage to reach by the end of December. But I’ll reach them by the end of January 2022; I’m a month late. Yes, that makes me, in some respects, upset with myself. However, at the same time, this is the first time in my life I had financial goals set that were reachable. All financial …

Learning How to Manage Money

Managing money is a skill and not a knowledge people are usually born with. This type of assumption is misleading, giving the false belief that money management is a gift rather than a skill anyone can learn. Yes, our early childhood indeed influences our financial decisions and understanding of what money is used for. However, the financial choices our parents, carers or adults in our …

Why Budgeting Matters?

For a very long time, I didn’t really understand how budgeting worked. I only used budgets to limit myself, instead of realistically looking at my needs and what amount/percentage of my income I allocated to meeting those needs. Without knowing my actual spendings, it was pretty impossible to know what percentage I could save or invest. I was stupidly unaware of where my money was …