Mat from @thequidsquid joins me on this episode to discuss all things budgeting.
From different budgeting methods, to budgeting techniques, to useful budgeting tools and apps, to juggling your budget whilst investing and saving.
Mat shares how he used budgeting personally to save for his own house. As well as how to go about budgeting the average UK salary of £35,000.
Listen to the podcast episode for the full details!
Timestamps:
0:00 - Intro
1:17 - Different budgeting methods
3:25 - 50/30/20 budgeting
7:39 - What techniques did Mat follow to save for a house
9:45 - Zero-based budget
14:14 - Budgeting for investing
17:13 - Other budgeting tips - mindset, LISAs
22:23 - How to budget the average £35,000 UK salary
26:25 - How much should you save/invest?
31:08 - Budgeting apps and tools
36:34 - Using multiple accounts
41:26 - Final quickfire budgeting tips
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More investing:
📝 Download my free investing guide to help you start investing - https://www.makingmoneysimple.co.uk/Free-Investing-Guide
📕 Get my book Stop Waiting, Start Investing (available as a physical, digital and audiobook) - https://www.makingmoneysimple.co.uk/swsi-book
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⚠️ Disclaimers: I am not a financial advisor and this does not represent financial advice, it is for entertainment purposes only. Please seek professional advice to get the best information for your personal situation. When investing, your capital is at risk and you may get back less than invested. Past performance does not guarantee future results.
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