MY BLOG

https://youtu.be/f9zG46M_vfM Variable expenses in a budget are costs that can fluctuate from month to month and are not fixed amounts. Unlike fixed expenses (such as mortgage or rent payments, car payments, or insurance premiums) which remain constant, variable...

https://youtu.be/r79h3PZxZGc   Fixed expenses in a budget are regular, predictable costs that remain relatively stable from month to month. These expenses are essential for maintaining your lifestyle and are usually consistent in their amounts. Examples of fixed...

  Saving 5 to 10 percent of your net income each month is a common financial recommendation for several reasons: Emergency Fund: Saving a portion of your income ensures that you have money set aside for emergencies such as medical expenses, car repairs, or...

https://www.youtube.com/watch?v=FypZuEndrnw&t=53s   Differentiating between needs and wants in your personal budget is essential for effective financial management. Needs are essential for survival and maintaining a basic standard of living, while wants are...

Reviewing your expenses from the last two months can provide several benefits that contribute to your financial well-being and help you make informed decisions about your spending habits. Here are five key benefits: Budget Assessment: By examining your expenses over...

  Organizing bills on a worksheet can help you keep track of due dates, payment amounts, and ensure you pay your bills on time. Here are three effective ways to organize bills on a worksheet: Use spreadsheet software like Microsoft Excel or Google Sheets to...