The Benefits Of Budgeting In My Life 🤑 | Vlog #276
Hey SteemSquad and DTubeNation!
I hope you at the very least put 10% of your earnings in your life savings and don't withdraw until you retire!
Have a lovely day and hope you join me on this epic journey #SteemOn
My Steemit Profile - https://steemit.com/@kevinli
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Thanks for this advice man! This was a really helpful video....
I think it is absolutely necessary to save up money to have something in the backhand.
I am not good at it but that will change over the time by applying your tips. Thanks man!
Until some days I payed almost everything with card and yeah I see the big problem of losing the overview - and I already started the process of changing this habit and now your video is popping out with all these other tips.
Peace!
Glad to help and good luck! Message me if you want more strategies, I have heaps haha
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That is a good way to do it for sure! Have direct deposit and auto bank 10%. The food cash for me is luckily saved through working at a restaurant. However, when I am not waiting tables I will implement a cash food budget. i like that too. great advice man.
Enjoy the extra money 😃
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Great idea and plan for sure, I never really started to budget until much later in life, it was after reading the book "The Richest Man in Babylon", I don't save in the banks purely because inflation steals the interest, every 10 years our paper money loses half of it's value so instead I save precious metals Gold & Silver and invest in to cash flowing assets.
It was a hard read but an essential one. Hope everything is going well
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thats for sure if we will save 10% of income and we will not withdraw then it will be really huge amount after 25 to 30 years.
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Sure does 💰💰💰
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Wow!! That's fantastic. That's a very smart move :)
I went for The Millionaire Mindset Seminar... and yip... this was part of it
And because you have started young, it's extra smart hahaha
Not too young but glad I did start to realize these things
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For at least a decade, I've logged every expense I've ever made on a daily basis by line item and category so I'm totally in tune with my spending. I do this in one Excel spreadsheet, with other sheets for other budgeting/bill management.
I do the same for every thrifting purchase or upcycling find I resell as well.
I also refresh all account values and balances roughly daily to always have awareness. Doing this instead of an app or software has helped me a lot versus winging it. I can see when I'm getting a little wild on certain genres of expenses and then cut back. I wouldn't say that I cap anything, but watching the ebb and flow helps me make real-time decisions to curb when I slip up or feel comfortable with spending when I've been frugal for a while.
You are a wise man!
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not just trying to gas you up, but have you been working out?
100% the opposite hahaha
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😂 well you look great doing it lolol
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Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
A lot! Of! Exclamation! Marks!
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Hi, @kevinli!
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