“Stick to a BUDGET”

Can we still talk about money today

Glue can hold stuff together/keep things from falling apart so it is also that having an understanding of money makes things so much easier in your life that could easily fall apart if you didn’t have a grasp on YOUR OWN MONEY. One way to do this to Stick to a budget
Budgeting is well known by almost everyone, but sticking with the budget is somewhat neglected by many.

It is of vital importance to set up a budget whether you make thousands or hundreds of thousands of Ghana Cedis a year.

After all, how will you know where your money is going if you don’t budget. It is needful to know where you put that hard-earned money and be wise on spending it.

I advised that have an overall yearly budget which should be in alignment with your overall yearly goals, break this yearly budget into two (6 months,6 months each). Each six months should be further broken into two for 3 months each and a month. This makes accountability and tracking of your financial activities easier and it helps you to be discipline as well as stay on track.

If you are wondering what categories to include in your budget each month?

Here’s where to start ✅⁠⁠
When creating your budget each month, remember to add categories in this order:

Your NEEDS (housing, utilities, food, transportation, insurance, etc.)

Your GOALS (saving, investing, debt repayment, etc.) Your WANTS (clothing, subscriptions, personal expenses, loose money)
Do you have any questions about budgeting? Share them below 👇🏼

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