Marriage is the beginning of many new adventures that include joining finances. It is one of the biggest challenges among newlyweds. You and your partner may have different budgeting strategies, spending habits, and monthly expenses that you weren’t aware of before. Finances in marriage have led to many fights and differences of opinion among couples. …
We all have things that we want to buy, whether new athletic shoes, a new gadget, or going on a trip. But it would be best if you had a plan on how to pay for those things to make it happen. Preparing a budget is an effective way to help cross things off your…
Learning effective budgeting can be tedious, especially when you’re starting your first budget. There is a budgeting method out there that will work for you. One such budgeting method that many people start with is the 50 30 20 budget rule. Let’s learn more about how to budget better by using this method. Why 50-30-20…
Personal budget planning offers many benefits like reducing your debt, building up savings, and keeping out of financial trouble. The budgeting process for some people might be tricky things to face. One of the things that people often get caught up in is correctly identifying their needs vs. their wants. If that’s you, we’ve got…
It isn’t easy to find any personal finance advice that doesn’t include the importance of personal budgeting in your life. It may seem like if you create a budget, it suddenly controls your life and keeps you from enjoying things. But in reality, all a personal budget planner does is plan out how your money…
Taking control of your financial future is more efficient using personal budgeting. It can help with long term financial goals like retirement and short-term ones, such as paying off a credit card. When you want to use personal budgeting to help reach these goals, some budgeting techniques can help you start. We’ll explain them here….
Running a household is challenging. There’s taking the kids to daycare, preparing dinners, and planning activities for the weekend that must be juggled. At the center of it all is money. Budgeting for family will enable you to pay down debt, lower costs, and save money. These financial benefits are reasons to start family budgeting….
Falling into a difficult financial situation can lead to an extremely stressful time. Here at The Logic of Money, we appreciate that setting up a heavy financial budget planning strategy may only add to this stress, which is something you’ll want to avoid. Dealing with financial stress is essential for a happy life. However, we…
Starting your first job after college is an exciting time. You’ve been living on a tight budget of ramen noodles packets for four years, and now you can upgrade to a real ramen shop. But don’t get too carried away; otherwise, your monthly expenses can end up more than your income. If you have good…
People understand the importance of financial budgeting plays in reaching many of life’s goals. But many of these same people find the process of budgeting to be challenging to stick to. One of the key budgeting challenges is that it makes us feel like we’re broke. Budgeting is intended to plan, organize, track, and improve…
