How to Control Your Finances: Save Money, Increase Income, Invest, & Grow your Networth

Stephen Berkley

• Publisher: Abbott Properties
• Year: 2021
• eBook ISBN: 9783985224951
• Topic: Business
• Subtopic: Financial Accounting
• Index: Business

Financial responsibility is necessary to keep your finances in balance.Keeping your finances in balance means that you should only spend amount which is less or equal to what you earn in a specific period of time.This specifi period is usually a one month period. And for majority, this is just for paper work and it easier on paper.However, this type of spending does not sustain for a longer period of time and one has to suffer through consequences sooner or later.This lifestyle will consume your savings and you need some adjustments to maintain your finances.With the help of some proven techniques this ebook will help you to keep your finances in balance. Whats included: - How to successfully live within your means- Know what you earn- How to spend less than what you earn- Ways to save earining- Budgeting- Steps for budgeting- Monthly spending plan- Getting an exigency fund- And much more!If you want to keep your finances in balance then this guide is for you.--> Scroll to the top of the page and click add to cart to purchase instantly <--Disclaimer: This author and or rights owner(s) make no claims, promises, or guarantees in regards to the accuracy, completeness, or adequacy of the contents of this book, and expressly disclaims liability for errors and omissions in the contents within. This product is for reference use only. Please consult a professional before taking action on any of the contents found within.

4 Straightforward Steps for Budgeting

These 4 straightforward steps will help with your budgeting efforts (Finally)

Budgeting is futile; it's damn boring and many of us hardly stick to it. We need to change that. Knowhow you can (not) budget within minutes in one month.

According to old-fashioned finances books, if you can stick to your budget plan, you can bid your entire problems goodbye. Well, for anyone who has attempted budgeting, it’s a huge disappointment.

Only 30% of Americans create any formal budget each month.

You are aware you ought to budget; however, you equally know you aren’t doing it. The problem is not learning how you can budget, this is why:

There are hundreds of finance blogs where you can gather knowledge about budgeting tips.

There are spreadsheets you can have downloaded here as well as other sites for no cost.

You can learn from any of the plenty books out there

There are several free budgeting apps you can make use of.

And even when you take down all the money you have spent for a 30 day period (which when manually done is extremely stressful), you are still who you are – a human.

For more than five years now, I have experimented with budgets. I have done weekly, monthly, and annual budgets.

I have kept tabs on how I spend with pencil and paper, spreadsheets, and applications such as Mint.com. Thankfully, I have learned some things in the process:

It is pointless trying to track spending manually

I’m always behind, even as a blogger in the finance space – a guru on the subject.

If I couldn’t do it, what are the chances that you would succeed in doing it? Monthly budgets never work because we look down on our month-based expenses.

There are certain things you need to take care of each month like transportation, housing, food, utilities, as well as debt payments.

Also, there are other things you do not have to pay for them every month like home improvements, repairs, vacations and trips, insurance payments, and holiday gifts. For some others, these not-too frequent expenses may account for 10% of your overall spending. But for someone like me, such expenses went up to about 30%.

So here’s the big deal. Accounting for, as well as pre-spending e...

Table of contents

• How to Control Your Finances: Save Money, Increase Income, Invest, & Grow your Networth
• Preface
• Introduction
• Know What You Earn
• Spend Less Than What You Earn
• Step-Up Your Earning
• Stop Banking on Your Credit Card
• Forget About Tracking the Joneses
• Save For Your Purchases Rather Than Using Your Credit Card to Purchase
• Get an Exigency Fund
• New To Budgeting? Why You Should Try the 50-20-30 Rule
• What’s the 50-20-30 Rule?
• How to Commence a 50-20-30 Budget
• Why 50-20-30 Rule Can Be Relied On
• 4 Straightforward Steps for Budgeting
• Summary
• Conclusion