Are you clueless when it comes to Budgeting and Personal Finance?
I wish I had someone to teach me basics of budgeting and saving when I was just starting to work. I would have saved myself so much heartache. This is not a blog about getting out debt (thank goodness!) or about Pursuing Financial Independenceor Early Retirement (FIRE). There
are plenty of great people talking about those.
This is a blog about the basics of personal finance and my own journey towards financial security. I am a “millennial mom” who is doing her best to give my family financial security all while living on a low income. No high-earner here!
How do you start getting your financial life in order?
If you read the following posts (I suggest in order but you can do whatever you want!) it will give you the basic foundation to start getting your financial life in order. Its simple and straightforward.
Budgeting with the Modern Envelope System– a basic budget with a modern twist.
Budgeting on an Uneven Paycheck– What if you don’t get a set paycheck every month? This posts helps you set up a budget to fit your uneven paycheck.
Setting up Your Savings Ladder- Where do you put your savings? How do you know what to save for? The Savings Ladder will tell you exactly where and how much to save.
Emergency Fund: A Primer- The emergency fund is part of your savings ladder. Why is it so important? Why do you need it?
Why I put $5 a Month into a Retirement Account- Creating good financial habits is the key to successfully getting your financial life under control.
3 Tips to Boost your Savings-Looking for tips to boost your savings? Here are 3. No shortcuts though! Just good, old-fashioned savings.
Close the Gap– Why should I budget if my expenses are more than my income?
Happy Reading and Good Luck!