Budgeting Basics - Deepstash

Bite‑sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

published 7 ideas

Budgeting Basics

practicalmoneyskills.com

Budgeting

Acknowledging areas where you are overspending can be an eye-opening experience. Creating a budget and sticking to it can help you save and reach your short- and long-term financial goals. This is not a one-time exercise.

Revisit and rework your budget if you have a financ...

4

STASHED IN:

17

Fixed Expenses

Expenses that stay the same from month to month, such as rent payments.

STASHED IN:

16

Flexible Expenses

Expenses that change from month to month, such as how much you spend on utilities.

1

STASHED IN:

16

Total Expenses

The combined amount of your fixed and flexible expenses.

STASHED IN:

16

Total Monthly Income

The income from your job or other resources including investment dividends, pensions, Social Security benefits, rental income and more.

STASHED IN:

16

Disposable Income

The money you have left over after you subtract your income taxes from your income.

STASHED IN:

17

NATALIE PACE

"A debt problem is, at its core, a budgeting problem."

1

STASHED IN:

16

0 Comments

Discover and save more ideas by creating a

FREE

Deepstash account.

Develop a

reading habit

, save

time

and create an amazing

knowledge library

.

GET THE APP: