Trying to get your spending under control? Just like with dieting, it can help to add some structure by following a plan. There are just about as many approaches to handling your daily finances as there are to counting calories.
The WSJ Tested 5 of the Best Budgeting Methods. Here’s what they found →The zero-based budget Sometimes called a zero-sum budget, is when your total income, minus your expenses, equals zero.
Zero-based budgeting: What it is and how it can help you hit your money goals →6 retirement strategies that don't get talked about enough
Jason Heath: These alternative strategies can help you achieve the best retirement possible →5 Ways to Manage Your Personal Finances by Rakshitha Arni Ravishankar
Here are five pieces of advice from our authors on how to feel in control of your personal finances →It's important to write down your financial goals. The act of noting goals helps put them in perspective. Think about dates to reach your goals in terms of three buckets: - Short-term (2 years or less) - Medium-term (3 to 5 years) - Long-term (6 years or more)
Set goals and track your progress over time →6 money moves to make in your 20s from CNBC: 1) Create a budget and stick to it 2) Build a good credit score 3) Set up an emergency fund 4) Start saving for retirement 5) Pay off debt 6) Develop good money habits
Making smart money decisions in your 20s has long-term benefits →Budgeting Tips - Incorporate only attainable income - Be reasonable with your spending - Keep an eye on your purchasing patterns - Regularly review your budget - Avoid using credit cards - Stay positive
Start building a better future with a budget today →Student discounts to help you save on back-to-school expenses in Canada
Here is a handy list of student discounts you can take advantage of across Canada →New York Times Quiz The newspaper wants to help young people get a better handle on their money. To begin, we want to hear from you.
Complete their short quiz, to let them know what your biggest questions are when it comes to personal finance →Diving into the world of money management might feel a bit like riding down a river that’s full of twists and surprises. No need to worry - having a good plan can make this entire experience much easier.
Budgeting Tips: 5 Successful Ways to Boost Your Money →Building a budget helps you manage how you spend your money. When you control your spending, it’s much easier to achieve your financial goals, whether that is to save, pay off debts or simply live within your means.
Building a Budget: Helpful Tips for Students →Creating a budget in college can help you understand where your money goes each month, which is a good first step to take when you’re learning to manage your finances.
5 Tips for Saving Money and Budgeting in College →What Is Kakeibo? Kakeibo, pronounced “kah-keh-boh,” translates as “household financial ledger.” Invented in 1904 by a woman named Hani Motoko (notable for being Japan’s first female journalist), kakeibo is a simple, no-frills approach to managing your finances.
‘Kakeibo’: The Japanese method of saving money →Non-essential costs are probably getting in the way of your financial goals. - Take-out food - Restaurants - Alcohol - Uber/Lyft instead of public transportation - Subscriptions Do you know how much you spent in the last three months?
Neontra auto-categorizes your expenses so you can quickly see where your money is going →You made it to university and you get to decide which courses to take, which clubs to join and what to eat for dinner. Also: how much money to spend
9 budgeting tips for university students →Why create a budget? - To accomplish a financial goal - To save money - To reduce expenses - To understand your true relationship with money better Invest the time in yourself and create sound financial practices that can last you a lifetime.
Budgeting is the first step towards financial wellness →In a 50/30/20 budget you should aim to spend your net income in this way: - 50% on your essential needs - 30% on your non-essential expenses - 20% on savings contributions/debt repayments
Neontra auto-categorizes your expenses so you can quickly see how your 50/30/20 budget is tracking →One in four Canadians are unable to cover an unexpected expense of $500, according to StatsCan.
Budget planning can help you live a better financial life and save for unexpected expenses →Making a budget can help you: - set spending limits - find ways to pay down your debts - reduce costs and save more - live within your means - reduce stress - have more money for things that are important to you - feel in control of your money
Start building a better future with a budget today →Attending university is the first time that many Canadian students get to practice real-life budgeting.
Best budgeting tips for university students in Canada →What to consider before you start a budget: - Think about your financial goals - Identify your short-term and long-term goals - Make saving for those goals part of your budget
Take these simple steps before you make your budget →You know a lot more about budgeting than you probably think. Even if you’ve never done any kind of household budgeting at all, you almost certainly already have had significant experience with it.
How To Make A Budget: 5 Time-Tested Approaches →While you would be forgiven for being nose-deep in your books, it’s time to take a minute to reflect on how you’re managing your money. Do you have a budget? Or are you spending on the go?
21 money-saving tips and tricks for students →You know a lot more about budgeting than you probably think. Even if you’ve never done any kind of household budgeting at all, you almost certainly already have had significant experience with it.
How To Make A Budget: 5 Time-Tested Approaches →Making a budget can help you balance your income with your savings and expenses. It guides your spending to help you reach your financial goals.
Why make a budget →We believe financial planning should be simple, engaging and understandable for everyone.
Why is budgeting an essential personal finance tool →How the magic of a three-pay cheque month can give you a financial head start
There are lots of ways to play that extra payment →