Thursday, August 28, 2014

About Budgeting & Personal Finance: How to Learn to LOVE Your Budget

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From Paula Pant, your Guide to Budgeting & Personal Finance

We've got a GREAT newsletter for you this week! The theme is straight-up, good-old-fashioned budgeting, and we cover:

  • Sticking to your budget ... without driving yourself nuts.
  • Items that most people forget to list on their budget.
  • How to embrace your budget as a handy tool, not a set of rules.
  • How to combat lifestyle inflation.

Enjoy!!

How to Stick to Your Budget (Without Losing Your Mind)
Let’s abandon the image of budgeting as some number-crunching, self-denying ordeal and instead look at some ways you can make it as light a lift as possible. These 10 tips will help you stay on track and adhere to your budget month after month, without feeling deprived or stressed out.
Search Related Topics:  paying off debt  managing money  personal finance

Oops! 10 Thing You Left Out of Your Budget
Did you create a written budget ... but leave out some important (but often-overlooked) expenses? Find out in this article, which lists 10 things people commonly forget to include in their budget.
Search Related Topics:  budget leaks  personal finance  managing money

How to Learn to Love Your Budget
Many people associate "budgeting" with deprivation, strict rules, and missing out on all the fun. But it doesn't have to be this way. With a few mindset shifts, you can begin to see your budget as a tool that creates more freedom within your life and helps you achieve your deepest goals.
Search Related Topics:  personal finance  budgeting tips  money mindsets

What is Lifestyle Inflation?

Get a raise? Receive a gift or inheritance? It's common to raise your standard of living after you get a new influx of money. Most people spend their windfall on buying cars, clothes, dining out more often, buying nicer electronics or taking more vacations. 

This tendency to raise your standard of living, in-step with your additional income or money, is called "lifestyle inflation." As your income rises, your lifestyle rises ... meaning that you're not taking advantage of the chance to save more. Learn more about lifestyle inflation in this article. 

Search Related Topics:  lifestyle  young adult life  managing money


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This newsletter is written by:
Paula Pant
Budgeting & Personal Finance Guide
Email Me | My Blog | My Forum
 
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