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Added on the 20/06/2016 13:20:38 - Copyright : Wochit
Business Insider contributor Olivia Christensen married young and had her first baby soon after. Since then, she always felt it was hard to save money. But recently, she turned to her grandmother for advice on saving significant amounts of money that could be invested for the future. Her grandmother's advice was simple, but not easy to put into practice: Budget. Establish financial goals. Never stop economizing. First, get real about your budget. Write down everything you expect to spend on, from eyeshadow to printer ink. Then, plan accordingly. Second, have real financial goals. 'Pay off credit cards' isn't a goal. "Resurface the driveway" is. Finally, keep up with prices and never, ever stop clipping coupons!
Author and organization expert Marie Kondo recently launched an online course to teach people how to declutter while in a pandemic lockdown. The author is best known for her book, 'The Life-Changing Magic of Tidying Up,' and has usually stuck to discarding excess material junk. However, Business Insider reports Kondo is making a foray into personal finance. To tidy up your finances, first think about how you want to spend your money so that it supports your ideal lifestyle. Then, write down your current expenses. How does your spending line up with your vision for your ideal future? Kondo says that having such a clear vision for the future — and a realistic grasp of the current situation — will help you to make sensible, confident decisions.
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