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HOW TO CREATE ENVELOPE SYSTEM BUDGET
If you’ve heard about the envelope system for budgeting and want to give it a try, here’s a simple step-by-step guide to help you get started. The envelope system is also known as cash stuffing or the envelope method. It involves allocating your income into designated envelopes for specific spending categories. This helps you keep…
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HOW TO CREATE 50/30/20 BUDGET STEP BY STEP
Creating a 50/30/20 budget is an efficient way to manage your finances and build financial security. This budget helps you identify which expenses are necessary, which can be reduced, and where you can save money for future goals. 1. CALCULATE FIXED COSTS Begin by calculating your fixed costs such as housing, transportation, insurance payments, loan…
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15 BEST WAYS OF MAKING EXTRA CASH
Who doesn’t need extra cash, right? There are many ways to of making money, some of them are easy while some of them require you to spend lots of time before you start calling it your side hustle. 1. FREELANCE WORKFrom writing, to web design, to data entry—there are countless opportunities out there to make…
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30 BEST WAYS TO SAVE MONEY
Saving money can be hard, especially if you’re living paycheck to paycheck. But it doesn’t have to be! There are lots of ways to save money that don’t involve scrimping, cutting corners or going without the things you love. In this blog post, I’ll share 30 of the best ways to save money. 1. Keep…
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ALL YOU NEED TO KNOW ABOUT SINKING FUNDS
Saving money wisely requires not only discipline, but also strategic thinking. It’s not enough to put aside a sum of money once a month, because you have to take into consideration that every month is different and there are some months where you don’t have any major expenses, but there are also some where you…