All posts filed under budget

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 …