Personal Finance
Better Finances for a Better You
Topic: "Essential Expenses"
← Curating the web to find the most interesting and helpful
information about your money.
Saving
Reducing Electricity Use and Costs
By following just a few of the energy-saving tips and you’ll see how easy it is to trim energy costs →Budgeting
Having an emergency fund for unplanned expenses can save you from a bad situation. Here’s how to create and prioritize one.
6 Steps to Creating an Emergency Fund →Infographic of the week
Mapped: How Much Americans Spend on Groceries in Each State
Since August 2020, prices for “food at home” (groceries) have increased by 20% according to data from the Bureau of Labor Statistics, the steepest inflation seen since the 1970s. On average, American households are paying about $270 per week ($1,080 a month) for groceries, according to Delish, which sourced their findings from the latest Census Bureau estimates.
U.S. States by Weekly Grocery Bills →Saving
Our consumer culture pressures many of us to live above our means. The good news is that making a personal and household commitment to a more frugal lifestyle can be a fulfilling, healthy choice and can save you a lot of money.
65 Tips to Save Money Through Self-Reliance By Kale Roberts →Saving
Trying to build your savings, pay off debt and make the most of your money? You might want to try living like a billionaire — but only if that billionaire is Warren Buffett
11 Frugal Habits of Warren Buffett by Amanda Garcia →Serious stuff
You don’t need everything you want Our expectations around money are all out of whack by Emily Stewart
Part of the issue is that we seem to have blurred the distinction between a want and a need →Word of the week
Essential Expenses
These are expenses that are necessary. Another way to identify these expenses is to determine if they are 'needs' rather than 'wants'. Essential expenses might include: - Rent/Mortgage - Groceries - Utilities - Medical Expenses Unlike, restaurants, and entertainment, that are 'wants' or non-essential expenses and do not need to be made.
Follow every dollar - Track and analyze your non-essential expenses →Infographic of the week
How much more are groceries costing you this year?
Mapped: Which Countries Have the Highest Inflation?
See how Canada compares to the rest of the world →← Curating the web to find the most interesting and helpful information about your money.