The problem is all the unexpected extra expenses (which are increasingly frequent) and screws up the budget plan
4 weeks ago | 9
My biggest challenge is that everything is made to break and replacing those things is expensive
4 weeks ago | 2
I try to budget. But I'm living in modern poverty. A cycle of debt and paying off debt to keep up with my basic living expenses. I don't even spend money flivoursly. I wear the same 5 clothes year round. The only thing I do buy is food and that's because I have no time took with multiple jobs. And am chronically ill so my energy is low to begin with for everything I do
4 weeks ago (edited) | 1
Getting my partner to stick to the budget we agreed on….
4 weeks ago | 2
I make a budget only for the cost of everything to increase forcing me to make a new budget and being forced to drop hobbies and intrest due to not being able to afford them over and over again now I'm to the point that I feel nothing is left I can't afford the things I own that I use to be comfortable with
4 weeks ago | 0
My budget is forced scarcity. Anything not automatically going into investment accounts or to bills can be spent.
4 weeks ago | 0
Making money in college, got a job on campus so its working itself out
4 weeks ago | 0
Those days are behind us. We always took out money for savings/investments before it hit the bank account so our biggest budget challenge was just balancing all the needs and hopefully a little for the wants out of what was left. Especially back in those years where we weren't making that much. In 1995 I started at $32K a year, 5 years later I was making about $36K. That wasn't very much, even back then. But we always made do. And then things changed for the better. I went to a different company at $55K. They went belly up a year later but I could see they were in trouble and left for another company at $75K. Then 9/11 happened and funding for that company dried up so I went back to the first company at $95K a year. They had been bought by a large corporation so finances were a lot better and there were some nice raises and quarterly stock grants. But we were still pretty much living that $40K lifestyle. We just put a lot more into investments.
4 weeks ago | 0
Vincent Chan
What's your biggest budgeting challenge right now?
Studies show people who write down their financial goals are 42% more likely to achieve them than those who don't. Take control of your money with my Money Map. Get it for free here: go.vincentchan.co/mSCTqJ
4 weeks ago | [YT] | 61