I had an expanded version of keep-It-Simple-Financial Planning (Part 3) published by my good friends at D*I*Y Planner. It can be found Here.
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Life, Success, and Learning
I had an expanded version of keep-It-Simple-Financial Planning (Part 3) published by my good friends at D*I*Y Planner. It can be found Here.
bookmark to:
If you have not read: Keep it Simple Financial Planning Part One, and Keep it Simple Financial Planning Part Two. The material covered in these will be helpful in creating a budget.
The first step in creating a budget is to gather your financial information. You will need the following:
Income
Expenses
Regular Income items are paychecks, [...]
Last Week in Keep-It-Simple Financial Planning (Part One) I shared the economic theory of utility, which says that people have an unlimited amount of desires, and only limited means to fulfill them. Is Debt bad? I shared the basic financial terms for understanding how debt works, and then we walked through a Net Worth analysis. [...]
When you look at your finances, do you feel empowered or depressed? There are few things in our personal lives which run to such extremes as our finances. Do you understand how to pay off your debts? Will you be ready for your retirement? Will you be able to retire? Do you get calls from [...]