Strategy On My Financial Budget

That is why i always make this statement, It is a different strokes for different folks we all have different way on how we budget all our financial income, I to have the way i make my own budget work for me which i will explain to us in a few minutes now but let me clarify what budget means to us before i proceed in my strategies on my own budget.

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Budget

Budget simply means estimating the income you make and making sure that it is being in the right thought been allocated to the right channel which could be a bank or any form of savings system you want. In a nutshell it is simply financial plan of your incomes that you earn.

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We all have were our different incomes come in from as for myself my income comes from here on HIVE and too be honest it is a budget on its own infact my HIVE was always been my source of income which is already in the budget scheme. I also have budget coming in from my social media marketing, I do that as a side hustle too and last of them i work i am a salary earner and this salary is the very important one and i am very firm about it, It is more of my sweat so it very important to me.

I do lavish money sometimes and it can't be my salary, My salaries it is always on budget it is not for fun or any unnecessary things, It is same thing for my my HIVE they are not in the lavish group they're my financial budget. Normally apart from this featured content i always have budget for my money how i do spend it and so on.

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Strategies On Budgeting

• I am always careful on how i spend almost everyday of my life, I have a certain money i spend once my salary comes in 10% first to my God and 5% to my mother then i give my siblings like 2 to 3% sometimes friends gain 1% out of my salary the rest going into all my savings.

• I make sure i save 20% of my salary for rent and i also use almost 60% of my hive payout for my rent.

• I use my money for my social media thing for most of my outing like going to the eatery and all.

Things I Put To Consideration

What i actually put into consideration when it comes to my budget. I consider my future, I also consider my unborn kids future needs, I consider the needs of my mother and any other plans i will have for myself in the future.