39. Finances 101: 10 Perspectives - From my point of view. 13. Budgeting... a resource for you
Dear readers, thank you for following me on my journey in personal finances so far. As we approach the end of 2017, it is the best time to start budgeting for next year, 2018. Therefore as a token of my appreciation, please click on the image above to receive a budget template for your own use. Feel free to amend it as you see fit. In the template, I have a monthly page that allows for daily updating of the major things you spend on everyday. Then, use the monthly summaries
38. Finances 101: 10 Perspectives - From my point of view. 12. Budgeting... a start
Now that we have set our priorities, how do we begin to do what we need to do? My recommendation is to start by tracking what we are currently doing… know what we are earning and spending on. Then what we are doing well, we do some more. What we are not doing right, we stop doing. Let us start by keeping a tally of what we are currently spending on. Daily / Weekly / Monthly Expenditure From the 1st of the coming month, start keeping track, using a printed piece of paper: Food
37. Finances 101: 10 Perspectives - From my point of view. 11. Five Perspectives: Financial Goals. G
The past few weeks were spent talking about the main values I hold when it comes to finances and the goals I aim to achieve. Which do we focus on first? Second? Third? The thing about these areas is we need to focus on them all. At the same time? Yes. Impossible? No. I personally believe that we need to have a balanced view, with a set of balanced goals to achieve a balanced portfolio. So what are the areas in which we are trying to balance? Tithing or Committed Giving Earnin
36. Finances 101: 10 Perspectives - From my point of view. 10. Five Perspectives: Financial Goals. G
You might be thinking, where's the investing part in all this? Coming! The reason for being put lower on my list is because I am kind of risk averse, so I'll usually do all the basic stuff first before going into investing. These are just a few ways: 1. Using your insurance products. As you will know, there are many insurance products today that have elements of investing within them. So while you are taking life insurance with medical cards and having savings and protection
