Budgeting Tips for BeginnersMost of us want to budget but budgeting seems complicated and time consuming. I even found myself looking for apps to make it simple but could never find the perfect app. With most apps you have to link your bank account and put a lot of energy into categorizing purchases to find out how much you spend where to adjust your life in a particular area. That seemed to be more time consuming than just figuring it out on my own. I took some time out and said to myself how can i make this easy enough for me to actually want to do it but accurate. First thing I decided to do was to break my income into three accounts; bills, saving, and spending. Then I had to figure out how much I needed to put into each account. So boom, I needed to know how much…
So, here you are in all your budgeting glory getting your adulting on but you realize there is still room to save more money to put towards your financial goals. Typically you would think this is a easy fix, save the money and do what you have to do, right? Yes, until you realize what you would have to give up to save that money… YOUR SPACE!This is my current dilemma, do I want a roommate or not. Here I am in a place where I am saving more money because I have paid something’s off but I am like hmmm, I can save more. Rent is sky rocketing every where, in Nashville cost of living went up 54.1% from 2000 to 2015. At this point I am considering getting a roommate because I can save some extra money, right? Yeah but is what I am going to save worth…
I was on the phone with a good friend of mine, Ndi, and she told me her brother was in a susu. I instantly said “a who, spell that” lol.. She explained to me “SU SU.. S..U..S..U, its a group of people saving together to gain money fast for a business” or something like that. Still a little confused I asked her to explain more, she said “So let’s say 10 people put $100 in the pot once a month and each month one person gets to collect the total, so everyone puts in and gets no less than the same amount”… *light bulb goes off*I know you are like me reading this thinking, so what TF is a susu right? Well, a susu is basically a savings club. This type of savings club was created in the Caribbean. So, not only do they have beautiful beaches, resorts, great accents,…
