Why You Should Set Fun Money in Your Budget

It is important to track our spending and know where our money goes to so we know how to adjust our budget. Sticking to a budget takes a lot of discipline and determination but it will help us reach our financial goals faster. With this description, budgeting may sound like a dreary process. With mostly people’s budget going to expenses, is there a more rewarding way to budget our money? Actually, there is!

While most of our income goes to our living expenses, we should also make a budget for fun and play. A fun or play fund is what you use to indulge in things that you enjoy or purchases that you do on impulse without ruining your budget for the important things. There are important reasons why we should include this in our monthly budget.

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Why You Should Care About Inflation?

You often hear about inflation on TV or read about it in newspapers. However, chances are you don’t really understand what it is all about. Even if you did study economics in college, you would have already forgotten about it. Who cares! You are just too happy to finally have gotten over the course.  After all, economics has been constantly voted as one of the most boring subjects ever created.

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