Hello everyone and welcome to our next video "What Is Budgeting In Personal Finance - 6 Principles Of Personal Finance And Budgeting #shorts"
In this video, we will be discussing what budgeting is in personal finance and the 6 principles of personal finance and budgeting that you need to know.
Budgeting is the process of creating a plan for your money. It involves taking a closer look at your income and expenses, then creating a plan to make the most of your money.
The 6 principles of personal finance and budgeting include setting financial goals, tracking your expenses, creating a budget, reducing debt, building an emergency fund, and investing for the future.
By following these principles, you can take control of your finances and achieve financial freedom. If you want to learn more about personal finance and budgeting, make sure you follow these steps.
Learning how to manage your personal finances and budgeting independently of your specific financial situation should definitely be one of your priorities this year; i mean it should be one of your priorities your whole life but if you haven't kickstarted the process yet this year is as good a time as any to get more involved in the world of personal finance
Videos that I recommend:
The student guide to personal finance πΈ adulting 101.
The student guide to personal finance πΈ adulting 101.
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