Budgeting

Reading Time: 3 Min Are you struggling to manage your finances and keep to your budget? You’re not alone. Effective budgeting takes practice, and it can be easy to slip up or make mistakes with your monthly finances.  In this article, we explore the three most common budgeting mistakes and how to avoid them.   If you’re ready to get… Continue reading What Are Three 3 Common Budgeting Mistakes To Avoid?

Reading Time: 4 Min Are you struggling to control your impulse purchases and wondering how to save more money? Look no further – the 30-day rule might just be the game-changer you’ve been searching for.  The 30-day rule is a technique designed to help you resist impulsive purchases. It works by introducing a 30-day waiting period before purchasing an… Continue reading What Is The 30-Day Rule?

Reading Time: 4 Min If your goal this year is to save, then putting away a little of your paycheque every month will quickly accumulate into a solid savings account. But how much should you put into savings each month? And how do you start?  This article explores the different approaches to monthly savings and offers guidelines and tips… Continue reading How Much Money Should You Be Saving From Every Paycheque?

Reading Time: 5 Min The 70/20/10 budget is a budgeting strategy that’s gained popularity in recent years. It allocates your after-tax income into three main categories: 70% for living expenses, 20% for savings, and 10% for debt repayment or donations.  In this article, we explore the benefits of the 70/20/10 budget and outline strategies to implement it effectively. Whether… Continue reading What is the 70/20/10 budget?

Reading Time: 4 Min Budgeting is a financial tool that allows you to allocate your income to specific spending categories and helps you keep track of where your money is going each month. When properly managed, a budget can help you save money, track expenses, and help you align your money with your goals.  The two components of a… Continue reading What Are The Two Basic Parts Of A Budget?

Reading Time: 4 Min The 50-30-20 budget is a popular budget format to allocate your after-tax income to resources for needs, wants, and savings/debt repayment. In this article, we outline the basics of a 50-30-20 budget and explore how to set it up to manage your finances effectively.  If you’re ready to take your finances to the next level… Continue reading What Is The 50-30-20 Budget Rule?

Reading Time: 5 Min Budgeting is a powerful tool to help you take control of your finances and make smarter decisions with your money. It allows you to allocate your money to specific categories, goals, and savings, and if used correctly, a budget can help you achieve long-term financial stability.  This article will walk you through the steps to… Continue reading How To Start Budgeting – A Beginner’s Guide