Money - Deepstash

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Money

32 STASHED IDEAS

Budgeting

Does the word “budget” make you cringe ? The way to get around that, though, is to reframe how you think about budgeting.

  • Budgets need to be sustainable .
  • It’s mandatory to remain consistent
  • Subscriptions — They will eat away at your finances if you let them.
  • Luxuries — whatever lands in the “pay someone else to do it because I don’t wanna” category.
  • Shopping Impulse buys are hard to fight .
  • Mint — all accounts can be linked to Mint, and Mint has the option to set budgets.
  • Wallet from BudgetBakers.com — Have the ability to share finances with others to maintain accounts with multiple people.

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  • Create systems that limit your availability and deflect inappropriate interruptions. For example, replacing a meeting with a brief email.
  • Batch activities to limit costs and to create more time.
  • Set autonomous rules with regular reviews of results. This prevents creating a decision bottleneck.

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2.32K

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0 Comments

No matter how little you earn using income-generating skills like writing, speaking, coding or managing, you can get started with investing by simply earning more than your expenses.

One needs to focus on the income-generation part and create value out of nothing, using one’s skills.

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