Posted by: askjayauthor on: April 7, 2009
I received three questions in the last 2 weeks from Jim, Jones & Mark of US asking almost the same question of how we students should manage our budget during the current economic climate. Since this question is so important, I decided to answer this in a series of three posts. Please make sure that you read all three posts in series to get the full picture.
When I was a student, I always tried to get maximum for my bucks as it’s not easy to make a living and study at the same time. Most of the students do work for limited time only so that they can balance between their classes and job. I had the same situation and I was earning only minimum wages initially for all the jobs. I had good fun doing all these jobs but I always struggled to meet my expenses. One day my dad came to see me and he watched my schedule for couple of days and then asked me to join him for a dinner at a good restaurant. After dinner we went out for a walk and there he shared with me few cost cutting tips. I benefitted a lot and I am sure you too can.
Posted by: askjayauthor on: February 9, 2009
I got this question from Noori of Seattle, US asking ‘how can I create my budget fast?’.
First of all, thanks a lot to Noori asking this very timely question especially in this current economic recession time. Secondly Noori you are not alone facing this problem. By saying this, I don’t want to say that it’s ok not to do your budget just because it seems so tedious. My job is to make it easy for you and for the blog readers.
When I was creating my first budget just after college, I had real tough time. I kept on putting this task away for too long. One day I was checking my account and then I realized that my savings are zero. I started thinking how can I get control on my finances. That’s when I started thinking of putting up a budget. So here are the tips which I learned the hard way but you can learn the easy way by reading and acting on this.
