budgeting
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How To Figure Out Your Monthly Food Budget
Some recurring expenses in your budget are the same each month, which makes them easy to anticipate. But some budget lines are harder to keep consistent — food, for instance. Food is a necessity, after all, but it’s possible to spend way more than you need to. With some research, you can figure out a…
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How I Increased My Net Worth By $27,000 In Six Months
According to You Need a Budget (YNAB), my total net worth is currently $108,940. That’s $27,213 higher than it was six months ago, when I switched my budgeting app from Mint to YNAB and began focusing on growing my net worth as quickly as possible. I wasn’t expecting the numbers to grow quite this fast,…
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How To Keep Negative Compounding From Derailing Your Financial Goals
Every dollar counts when you’re saving for retirement or another big financial goal. That includes the dollars you’re paying in brokerage fees and losing to expense ratios – which can add up to a lot more than you realise, thanks to what’s called “negative compounding.”
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Make An Emergency Budget Before You Have To Deal With A Financial Emergency
Everyone who reads this site has heard a thing or two about the importance of having an emergency fund. But when such an emergency comes along, how do you use that money wisely?