3 Tips to Start Easy Budgeting

Listen up millennials it is time to start learning how to budget your money to keep your money flowing. The whole idea of being “broke” is not the ideal look in 2020 so let’s develop a hustle mentality. To budget means to manage your money by creating financial discipline and here is QU’s 3 tips to start easy budgeting.

TRY A SAVINGS PLAN

A quick way to stack up at least $100 in a month is by saving my $1 and $5 bills. Every week I spend in cash $50 as part of my weekly budget. By the end of the week, all the $1 and $5 that I have after spending is placed in a jar. In a way I am not really spending $50 fully because the little left is put away. It is a quick way for me to save some sort of money or get a special treat at the end of the month for being so financially disciplined.

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WRITE DOWN YOUR FINANCIAL PLANS IN A JOURNAL

Journaling has become a big part in helping people keep track of their thoughts. Keeping a financial journal will ensure that you are always on budget. I keep my financial goals in my journal for things like monthly budgeting and future plans with my money.

DOWNLOAD THE MINT APP

Now I was not paid to advertise the MINT app, but my sister suggested I download it and give it a try. So far, I have been using the app for 3 months now and I love it! The MINT app has all these special features to help you manage your money and more. For example, you can create little budgets, stock investments, and even keep on track with your finances.

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LIFESTYLE***Content inspired and created with personal interests on daily activities for everyday life.