Budget advice

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a pie chart with the words 50 / 80 / 20 budget rules

What is the 50/30/20 budget rule? The percentage-based budgeting method breaks down your spending into three broad categories: needs(50%), wants (30%), and savings (20%). Learn how to use the simple strategy to your advantage. | How To Make A Budget | Saving Money Tips | #budgeting #personalfinance

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a notebook with some writing on it and numbers in the top right hand corner that says, monthly budget

Yes the monthly income is less than the monthly amount of bills-BUT- as the red writing says, that is not including overtime or side jobs. This is my actual budget, and we do make more than that and always pay our bills on time. This budget really helps stretch money if your in a tight spot. This keeps us on track & on time. Helps let us know where all of our money is being spent, & not to overspend on anything we don't need. This budget had helped us get 3 months ahead of our bills!

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a bar chart with the words budget like a boss in different colors and font on it

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a bunch of different types of boats in the ocean with text on it that says 5 types

You need to have a budget and a plan for your money or it will disappear on you. I paid off $100K of debt in less than 2 years and put $5,000 into my savings account and I did this by budgeting. 1. Cash Envelope System 2. Plan Ahead Method 3. 50/30/20 4. Zero-based budget 5. Pay Yourself First All of these are great budgeting methods to use. In fact, I use a combination of them. Start your financial jouney today and book your Deep Dive Budgeting Session with me…

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the complete list of different types of boats in the ocean, with information about them

When we first started using budgets we failed. The main reason? We were missing important budget categories, and we often had additional expenses we hadn’t planned for. Not only did this mess up our allocations, it was

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how to budget with multiple bank accounts using a pay yourself first model sinking fund

Having multiple bank accounts can dramatically increase the progress you make toward your financial goals! It's not complicated at all, it actually takes away a lot of confusion about what money is for what purpose. Saving money and budgeting is so much easier! A new house fund? CHECK! A vacation fund? DOUBLE CHECK! This is honestly one of the best money management systems ever! #howtobudget #savingmoney #personalfinance #banking #moneyforthemamas

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the 101 frugal living tips for beginners is shown in an orange and black poster

Check out these simple frugal living tips for beginners to save money if you are looking for ways to save money on a low income! #Inspiration #Smart #to #and #HomeTrends #Strategies #CreativeIdeas #Financial #Freedom #Money #Wealth #Motivation #Saving #Achieve #Inspo #Build #How #Ideas

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a sign that says stop budgeting like middle class, middle class and middle class

How do you budget? #passiveincomeinvesting #passiveincome #passion4savings #makemoneyathome #makemoneyonline #makemoney #sidehustleideas #sidehustle #moneymanagement #moneymakingtips #money #workfromhome #workfromhomejobs #workfromhomecareers

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how would a beginner budget impact your business? info graphic by paper by me

Budgeting can consist of a lot of you look at it all at once. So here are 10 steps for a beginner to budget! 1. Understanding of why gives you the motive for budgeting and you keep that in your mind along the whole way! 2. Create goals and document goals that you want to accomplish. If you put pen to paper and see often your goals are more likely to be accomplished. 3. Know exactly how much you burn in from all of your sources of income make sure you write it down! 4. Document and calculate…

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