How much should be in your emergency fund? Emergency fund is a little or a lot of money stashed away for when your leg slips. I am yet to find a better explanation, so if you have one, pop it into the comments field. This post will be all about figuring out how much you might want to keep in your emergency fund. Dave Ramsey, … Continue reading How much to put into your emergency fund
A little while ago I showed you how my annual budget looks like. In today’s post I’ll share with you how to create your own one. It’s simpler than you think! Let’s start with the same basics you would start any shorter term budget. You can do it on paper or in excel or any other programme by the way, whichever you prefer. Draw a … Continue reading Financial focus month week 5: Budget for the Whole Year
It’s the New Year. It’s a little bit chilly. It’s a little bit hungover, and the festivity has been replaced with the dread of the work week starting again tomorrow. But it’s not all bad. Actually, quite the opposite. January is a great month to forget about the mistakes and financial failures of the past year and to start afresh. Throughout the month of January I … Continue reading Financial focus month week 1: Shelf Cooking
When I started this blog I promised myself to be transparent with figures, unafraid to show both the successes and failures. No time like the present to deliver on this and sum up how my net worth changed over the 2018. Below figures are my actual net worth figures for everything that I track. Before we dive in, let’s define net worth for those amongst … Continue reading Wrapping up 2018 financially – net worth update
A short while ago I wrote a blog post about not going bankrupt over Christmas spending. This post is a follow-up telling you exactly what I am gifting this year to my nearest and dearest. I don’t budget for Christmas separately anymore, I just save less in December and that gives me a very definite budget as I don’t like to reach out for savings … Continue reading What I am giving for Christmas – a truthful gift guide
It’s almost Christmas, the most expensive holiday of the year! I left home at the age of 19 and moved across the continent. This Christmas is the 13th Christmas which I am celebrating as a responsible (ish) adult, a daughter who lives far away, an aunt who loves to spoil her niece and nephew, a girlfriend of another family’s eldest son and an employee of … Continue reading Not going bankrupt over Christmas
Before I explain what the cash envelopes system is all about, let me say that I don’t actually use cash. Nor envelopes. That little detail has not stopped me from applying the principles governing the cash envelopes method in how my own everyday spending is managed. If you are wondering why this rather obscure sounding approach to paying for stuff has been gaining momentum on … Continue reading The cringe-worthy cash envelopes
You’d think it would be great in managing a personal budget – I work with budgets daily as part of my job and do pretty well there. But somehow for a very long time the habit of planning what to do with the money failed to establish itself in my outside-of-work reality. In this post I am going to cover the very basics of budgeting … Continue reading Budget – why and how to start one
Let’s start from the start. I graduated from university in 2011, at a ripe age of 25. I chose to take 3 years out between high school and university simply because that’s how long it took me to decide what it was that I actually wanted to study. My BA is in computing and marketing and with a bit of strategic arm-twisting, selective studying and … Continue reading The burden of managing money and balancing debt
