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Author: budgetsense

From ‘Why’ to Wealth: A Surprising Path to Financial Freedom

Posted on November 12, 2023November 2, 2023 by budgetsense

When life throws you a fast curveball, having a strong “why” will help you stay focused and resilient, enabling you to adapt and keep moving forward with determination and purpose.

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The Simple Advice that made the Ultimate Difference for my Friend and Turned his Life around.

Posted on November 5, 2023October 30, 2023 by budgetsense

Your life or someone’s life may just be one advise or lesson away from being completely different. When it comes to financial management and freedom, never shy away from advising others, or accepting advise from someone else, as obvious as the advise may be

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How to Talk to Your Money as if it is your Baby: The Surprising Connection to Financial Success

Posted on October 29, 2023October 27, 2023 by budgetsense

How do you talk a baby? You talk nicely and gently but also make sure your language is clear and repeated at times. That is how money works. We need to be careful with our language and approach it so we can establish a pattern and a relationship with money. In the long term, this…

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How Personal Development Goes Hand in Hand with Wealth Building

Posted on October 22, 2023October 24, 2023 by budgetsense

the fascinating link between personal development and wealth building goes beyond mere coincidence; it’s a well-documented connection backed by research and a myriad of studies. At its core, it all begins with the right mindset—a mindset shift that accompanies personal development

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Unlocking Financial Harmony: How Opposing Spending Habits Threaten Relationships

Posted on October 15, 2023October 5, 2023 by budgetsense

navigating financial differences is a common challenge in relationships, and addressing them is vital for long-term success. Regular communication, compromise, and a unified financial plan are key elements in ensuring a harmonious financial partnership. Couples must proactively discuss and resolve any issues, as financial conflicts can pose a significant threat to the fabric of a relationship

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Embracing High Mileage: 2 Cars, 580K Kilometers, and 26 Years of Dependable Service

Posted on October 8, 2023October 8, 2023 by budgetsense

In our household, we proudly own two cars. The first, a 2008 model, has clocked in at a whopping 250,000+ KMs. The second, a 2012 model, boasts an impressive total mileage of over 327,000 KMs. Now, if you’re struggling to wrap your head around just how substantial those mileage numbers are, let’s dive into the…

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Optimizing Dividend Returns: Reinvestment vs. Spending

Posted on October 1, 2023September 24, 2023 by budgetsense

Deciding whether to reinvest your dividend returns or spend them entirely depends on various factors such as your age, lifestyle, and financial goals. On one hand, reinvesting dividends can be a prudent choice, especially for those looking to build wealth steadily over time. On the other hand, spending all dividend returns may be suitable for individuals who have already attained financial independence or have specific yearly return objectives in mind

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woman wearing face chains holding money

Frugality Knows No Wealth: What the Super Rich Can Teach Us About Money Management

Posted on September 24, 2023September 24, 2023 by budgetsense

We often associate frugality with individuals on mid to lower incomes, specifically those on tight budgets or who have lost their jobs, and so on. But what if I told you that even the super rich – those in the top 0.1% of income and wealth – practice it and are not ashamed about it?…

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Forget Stocks! Why Now Is the Ideal Time to Invest and Let Your Money Grow for a Year or More

Posted on September 17, 2023September 13, 2023 by budgetsense

The current financial landscape offers a unique blend of opportunities and challenges. While soaring interest rates may pose concerns for mortgage holders, they also bring a silver lining in the form of historically high savings account rates.

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Unconventional Job Search Strategies to Boost Your Career

5 Unconventional Job Search Strategies to Boost Your Career

Posted on September 10, 2023September 9, 2023 by budgetsense

Relying on traditional methods to find a job may not always be reliable, and that is where nontraditional methods may come in handy, such as looking for relevant hashtags, cold outreach, looking for desperate companies and more.

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