
Budgeting Tips for Budget-Haters

Budgeting can be a burden. The bigger burden, however, comes with piled-up bills that can’t be paid off easily. What makes it worse is that you might have to cough up a fortune and delay your retirement for another handful of years to prevent yourself from going into a severe financial crisis.
Budgeting isn’t sounding like much of a burden now, is it? Of course, comparing the two, budgeting is the obvious relief-providing choice. When you create a budget and stick to it, you’ll find yourself sorting pennies less often- thank us when that happens.

Pexels | Who wants to be left with the bare minimum at month’s end?
To get you started, here are a couple of must-dos when drafting your budget this month.
1. Start with the Essentials
By “essentials,” we mean things you absolutely cannot live without- your housing, food, utilities, transportation, child care, debt payments, or insurance. If you stick to the 50/30/20 budgeting tactic, this should round off the first part of that equation. That leaves you with 30% of your salary for your wants because what is life without a little fun after all? The last remainder i.e. the 20% goes into your savings.

Pexels | Budgeting tactics are highly efficient
2. Automation Helps a Ton
By putting tasks on autopilot, you instant cut off the effort it takes to achieve your goals. If nothing else, at least automate your savings so that your future self doesn’t curse you. You know what they: save first, spend later. A tip that you’ll find even more effective is creating a separate account for your savings. Through online banks, you should be able to set up multiple accounts with minimal or no fees.
3. Management is Key
Often people get so carried away with their “fun” that they overspend, thinking NOW or NEVER. That’s the most foolish thing you could possibly do to yourself. We know how quick and easy it is to blow through 30% of your salary when it’s all fun and games but, the moment that 30% runs out, stop. Don’t go digging into your savings or essentials pool, making half promises to do better the following month. We both know it’s not going to happen.

Pexels | Quiet days indoors can be great too
Bottom Line
Your budget won’t be perfect the first time off. Gradually, you’ll come to realize that there are many expenses you could easily do without, such as the cost of multiple streaming platforms, subscriptions to magazines that lie around your home unread, and daily trips to the bar. Once you get on the budgeting bandwagon, your life is bound to become better in terms of finances.
More in Money
-
`
How to Combat the Current Stock Market Chaos
Market chaos can make even the calmest investor feel like jumping ship. Stocks fall, headlines scream, and suddenly everything feels urgent...
April 25, 2025 -
`
The Top 5 Benefits of Cooking With Kids Most Parents Don’t Know
Cooking with kids doesn’t just keep them busy. It is a game-changer with numerous benefits. The kitchen becomes a classroom, a...
April 18, 2025 -
`
How to Be Happy in Life? 5 Mindfulness Practices to Try
Mindfulness is a real way to feel better, live calmer, and enjoy life more. If you have been wondering how to...
April 12, 2025 -
`
Elon Musk’s Estranged Daughter Vivian Wilson Slams Dad As “Pathetic Man-Child” in Tell-All Interview
Vivian Wilson is not just Elon Musk’s estranged daughter anymore. She has become one of his boldest critics. In a new...
April 4, 2025 -
`
Trump Slams ‘Tesla Takedown’ Protesters as ‘Domestic Terrorists’ Amid Growing Unrest
President Donald Trump is calling out violent protesters targeting Tesla, branding them “domestic terrorists” and warning that they will face severe...
March 27, 2025 -
`
Everything We Know About the 14 Kids of Elon Musk
Elon Musk, the billionaire behind Tesla and SpaceX, is not just building rockets. He is also raising a large family. Musk...
March 21, 2025 -
`
5 Ways Meditation Can Help Improve Your Life After 40
Aging comes with its fair share of challenges, but it also brings wisdom and a deeper appreciation for life. If you...
March 14, 2025 -
`
Robert De Niro, 81, Reveals What It Feels Like to Be With His 2-Year-Old Daughter
Legendary star of “Taxi Driver” and “The Godfather,” Robert De Niro is proving that age is just a number. At 81,...
March 7, 2025 -
`
This Australian Lending Company Is Offering Faster & Seamless Business Loans
Getting money for business growth in Australia is easier than ever, thanks to Skyecap. Traditional bank loans meant long waits and...
February 28, 2025
You must be logged in to post a comment Login