blogging, Budget, emergency, experience, growth, learning, random

Priortize Needs & Save/Invest More

Write about your approach to budgeting.

I’m still learning even as a learning accountant of my budgeting format. But I kind of changed it from the usual 50/30/20 with Needs, Wants, Savings.

My format now is a bit a flip to the format….

It is more like 70/20/10 format.


Budget

Oh, now I’m trying not to spend too much on my wants like pointless stuff that i won’t use after one time. And more on my needs and being satisfied with what I have for a good specific amount of time.


I’m only putting items that I want for personal growth, only for emergencies or if it is absolutely necessary.

This focuses on more to investing and saving a good portion than spending too much on what I want. Because it’ll help me more in the long run, and i’m really focused on in the short term and towards my future.