article thumbnail

Contingency Budgeting: Low, Medium, and High

Prairie Eco-Thrifter

Once you’ve identified the cost of your true necessities (housing, transportation, food, etc), you’ll know how much you income you need to bring in at a minimum. Set goals for the things you want and include the savings you need to reach those goals as a line item in your budget. Speaking of an ideal financial future….

Budgeting 188
article thumbnail

Making the First Post-Graduation Pay Check Count

Prairie Eco-Thrifter

Include all forms of income and divide expenditure into categories like rent/mortgage, entertainment, household expenses, insurances, transport etc. So set out a personal budget for yourself, either as a computer spreadsheet or on paper. Put a dollar amount against each entry, estimating if you don’t have any past figures to go by.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Save Money When Traveling

Saving Everyday

We usually go with one empty credit card, put everything on that ONE card so it’s easy to keep track of, and try our best not to go over our spending goal. Transportation Once you’ve secured your accommodations, transportation is the next area to save money when traveling. We almost always drive!

article thumbnail

How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

A life goal of ours is. Instead of seeing a movie, rent. If married, who initiated the debt free goal? transportation expenses. What are your financial goals now? Write down your goals, change your mindset about debt-free living, and go. My grandparents were missionaries. with my youth group. in America.

Debt 100
article thumbnail

50 Best Small-Business Ideas – NerdWallet

Savings Corner

Or, you could buy property of your own (if you have the business funding, of course) becoming a property manager or landlord, renting out the space to tenants, maintaining the property and serving as their point of contact for any potential issues.

article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. This could be your rent/mortgage, utilities, loan payments, anything that has a due date. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs.

Budgeting 133
article thumbnail

I’m Not Going to My Best Friend’s Bachelorette Party.

Prairie Eco-Thrifter

Let me tell you what I’ll be doing with that money instead: paying my rent, paying my bills, and spending on my current priorities. My goal is to visit in early April, around the halfway mark. Yes, there are societal, cultural, and peer expectations and pressures, but at the end of the day, the decision is yours. A trip to Europe.

Europe 202