Question 1

What are the Best Budget Sheet Ideas for Budgeting?

Accepted Answer

You can take budget sheet ideas directly google or Microsoft template section. However, most of the case budget is always very tailored and personal sheet. Therefore, It's better to develop own budget sheets in below steps:

Take a blank excel sheet and start naming the columns for particulars, months and amount
Now, categorize the expenses into several heads such as Rental, Grocery, Daily Expenses etc.
Put the values based on your estimate of last month in current month
Now, you can copy/paste the same to no of months you are doing the budget
Adjust each month based on exceptional expenses or additional travel or uncertain expenses
Lastly, check the surplus and deficit and align with your goals.

Question 2

How to Monthly Gain  Financial Literacy?

Accepted Answer

To gain financial literacy, you have to Start with small blocks and target each month on specific topics. Here are the ideas on how you can increase your financial literacy monthly:

Follow top 3 monthly newsletter from expert bloggers
Read 5 articles every month on each topic on designated month; one by one and try execution before reading next
Develop your monthly self-learning calendar for personal finance
Try a short course on personal finance, if online content is overwhelming.

Question 3

What are the Best Money Management Ideas?

Accepted Answer

Money Management is very crucial for creating wealth and being wealthy as well. Here are quick ideas for managing your money for efficiently:

Stay on budget
Stop over-spending
Always keep a track of incoming and outgoing payments
Don't be greedy
follow the plan for long-term
Slow and steady always win the race; even in case of money
Avoid Get Rick Quick Scams

Subscribe