¿What is a budget?

Budgeting is an activity helps us manage our money in order to maintain our expenses in order and achieve our financial independence.Specifi...

What are the components of a budget?

The budget is not only an accounting of the money that actually goes in and out of our hands (which is called cash flow); it's a detailed pl...

Types of income

All the money we earn and receive in our homes is called “income” or rent. There are different types of income, which are can be divided int...

Types of expenses

All the money that comes out of our hands is called "expenses". Just as there are different categories of income, there are many categories ...

Financial goal tips

Think about your 15 year goals.  Where do you want to be?Set achievable and incremental goals (that can increase little by little), hav...

The importance to setting goals

A specific goal that helps achieve financial independence is having enough savings for emergencies.Each person sets priorities differently a...

GENERAL TIPS FOR MAKING AND MAINTAINING A BUDGET

 Know the difference between the things you want (desirables, expected, replaceable) and the things you need (basic, fundamental, indis...

Benefits of budgeting

The benefits of budgeting begin with the control that one feels and has when taking knowledge of your cash flow and create a plan that repre...

Goals and debts

If the person has debt, get out of it, or at least manage it responsibly – that is, complying with all the  obligations pending – shoul...

Culture and habits financial

The act of budgeting is also influenced by culture, our own attitude or habits financial, and the stage we are at in our lives. It is import...

Financial life stage

When setting your goals, it is important to consider the stage of life you are in.When you're young, your goals are different from when one ...