Guide to Smart Budgeting 

We have this thing called, " 50-20-20-10".  These numbers are percentages of your money/salary that you would need to identify upon receipt. And that's where the magic begins!

50% for NEEDS
- Pay for your monthly bills (housing, water, and electric bills), necessities (groceries, personal hygiene, maintenance), and everything else that you think you COULDN'T LIVE WITHOUT. Now, that doesn't include your daily dose of Starbuck's or that new lipstick shade you'd love to try on while you have a MOUNTAIN other lipsticks left behind your vanity bag.  We'll get there, but this I tell you, YOU DON'T NEED THOSE STUFF! 

20% for SAVINGS
- Set aside your 205 of your money for your savings. This could be your emergency fund or fund for the future. Make sure to keep it in a safe place, it could be in a form of an insurance or investment. (we can help you with this one) Your savings will help you build a better future.

20% for RECREATION / LEISURE
- This is our favorite part. This is the part where you date yourself. You worked hard for this money so what's the better way of spending it smartly than to treat yourself.  You can now enjoy your Starbuck's or that shirt you've been keeping an eye on since the start of the month. Or you can also plan for your next domestic or international trip. BUT! Make sure that you spend within your 20% budget.

10% for CHARITY
- Don't hesitate to give back to the community. Pay your tithe. Help someone in need. Feed your humanity not your ego. The saying: 'The more you give, the more you receive,' stands true to this day. You will notice an increase once you generously help someone or a family in need. 

Not following this way of budgeting won't put you to bankruptcy, but faithfully following this smart budgeting will give you a bigger chance of avoiding bankruptcy. This will help you enjoy a successful and DEBT-FREE life.
Be smart. Be prudent. Live a better life.