Budgeting & Spending I have been trying to control our family budget since the beginning of the year (2022). The prices are going up with lightning speed and my family’s needs are also changing and increasing. Like everyone else, we are paying more for gas and electricity. To save on heating in the coming winter, I got myself a thermal top on sale, which I’m …
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 …