Financial Budgeting

Video

https://www.youtube.com/watch?v=7Ogxnomo04I

The following video, published by Forbes, gives brief insight on some tips to better budget your finances. These tips will allow consumers to be more aware of their buying processes and be more conscientious about their finances.

Article

https://www.forbes.com/sites/trulia/2016/07/11/new-to-budgeting-why-you-should-try-the-50-20-30-rule/#43d454a732e9

The following article from Forbes gives prominent advice about the 50-20-30. The rule advises that 50% of spending go to living expenses and essential needs, 20% go to finaancial goals and savings, and 30% of your income goes to flexible spending. The article goes into depth about why and how effective this budgeting skill is.

Book

I have personally read this book and greatly suggest it for anyone who want to learn to budget. It has the steps from Start to Finish to teach you how to reach financial success. It also provides guides and actual demonstrations if you want to apply your own finances to accomplish financial goals.

Academic Article

http://web.a.ebscohost.com.proxy.lib.ohio-state.edu/ehost/pdfviewer/pdfviewer?sid=1193d8a4-c8a6-48ae-bfb4-69614525593b%40sessionmgr4007&vid=5&hid=4112

The academic article “Impulse Purchases and Trust: The Mediating Effect of Stickiness and the Mental Budgeting Account” is a great article that allows the reader to determine and recognize their impulsive buying habits. The article also does a good job of providing budgeting tips and reducing the impulsive buying trait that consumers tend to carry.

http://www.investopedia.com/articles/pf/10/8-tips-organize-finances.asp

Invstpedia is a great tool that provides advice from various accredited Financial Professionals. The link provided, provides 8 tips you can use while you are learning to budget your funds. Some tips provided are maintaining a list for bills you have, paying bills the day they are received or incurred, and utilizing software that will help you visualize the actual amounts for the budget in which you are trying to achieve.