Let's budget KES10000. https://youtu.be/8P2zIbHQm44 Budgeting is not for the rich or high-income earners only. Anyone can budget, any amount. No matter how small the income might seem, learning how to budget is crucial. But what is budgeting? Budgeting is simply telling your money where to go instead of wondering where it went. In this article, … Continue reading How to budget KES10000 using the 50/30/20 budgeting method
Category: budgeting
Kakeibo Budgeting method
https://youtu.be/_8A8q_MCLgo Kakeibo. Sometime last week I came across this Japanese budgeting technique. What really sparked my interest was the results that this budgeting method had created for its users. In the course of my research, I discovered that Kakeibo budgeting method is said to have helped the people of Japan to save up to … Continue reading Kakeibo Budgeting method
How to budget income using the 50/30/20 rule.
https://youtu.be/7DbBVpKx1BQ How should one budget? Where do I begin? Let me start by saying that personal finance is not a one size fits all kind of thing. Knowing that let’s pick a subject. What should we call him? I’ve chosen him because men don’t really have that many expenses. You know that I’m right.Let’s call … Continue reading How to budget income using the 50/30/20 rule.
Financial goals: How to achieve financial goals
Over the weekend I was working with a client. We were working on how to achieve his financial goals. During that session, I realized that most of us know what we want. That is, we have everything covered when it comes to the theory part of financial goals. And other goals in general. However, when … Continue reading Financial goals: How to achieve financial goals
HOW TO RESTRUCTURE YOUR BUDGET DURING THIS PANDEMIC
At the beginning of this year, I had a lot of expectations for my financial plans. One of my major resolution was to become financially independent before the year ends. Unfortunately, due to the covid-19 pandemic, everything has turned upside down. Most of us are victims of either the job losses, the pandemic or even … Continue reading HOW TO RESTRUCTURE YOUR BUDGET DURING THIS PANDEMIC
Budget your way up!
When you hear of a budget you may think that it is a complex thing. On the contrary, it is a simple plan for your finances for a defined period of time, most often a year. It doesn't matter what amount and when(monthly or daily) you're earning. You need to know where your money is … Continue reading Budget your way up!
Budgeting tips for beginners
50/30/20 rule,income-expenses