I think budgeting and practical finances should be taught at multiple stages throughout a student’s life. I thought I knew the general idea but didn’t appreciate how much neglecting it would set me back....
I’m really lazy, so I use the jar method (they article calls it cash stuffing or the envelope method). But I use multiple accounts and automated transfers.
Basically: I have one account for personal spending, one for bills, one for insurance, one for groceries, one for vacation money, etc. I get paid regularly, so I have automated transfers move money into the appropriate accounts.
When it comes time to make an expense in the given category (e.g. insurance), I pay it out of the appropriate account.
The benefits
I don’t need to think about it after it’s set.
If I overspend in a category, it doesn’t reduce cash available in other categories.
It’s easy to tell if my budget is wrong: ie, if an account is building up cash, or doesn’t have enough money, it’s time to revisit the budget.
The first item is the most important to me. I’m not consistent enough to manage a spreadsheet.
Tbf Bill Murray’s character had infinite iterations. Like, there are probably a bunch where he was just lying in bed, a few where he murdered the entire town, a few where he rolled around in his own feces.
I wore a Utilikilt for a while. They’re surprisingly uncomfortable. Sitting in a kilt requires effort. The material is a heavy denim, which is hot and doesn’t fall nicely. I expected the breeze to be enjoyable. It’s not.
I’ll go first. Mine is that I can’t stand the Deadpool movies. They are self aware and self referential to an obnoxious degree. It’s like being continually reminded that I am in a movie. I swear the success of that movie has directly lead to every blockbuster having to have a joke every 30 seconds
I was like “this Lemmite gets it,” until I got to the Interstellar part.
But I’m glad we have common ground on the shit show that is Inception. It felt incredibly long. I don’t know if it was because I was bored, or if it’s genuinely six hours long.
Because being user-friendly is way, way, way more important than things like privacy, not being bombarded by ads,
People gravitate to the technology that they can use.
I live in a small town. Every business and service has a Facebook group because it’s usable. A couple of stalwarts maintain web pages but they’re full of inaccurate information because they’re too hard to update. The Facebook groups, on the other hand, are constantly up-to-date, and the owners are quick to respond to any comment on them.
That’s before you get to network effects. Everyone in the town uses Facebook. So when kids ask for a messaging or social media account, they ask for a Facebook product so they can talk to their friends and family.
It’s incredibly shitty. Everyone in town would agree with your sentiment, but they bounce off competing products. The effort involved in hosting a service isn’t a higher perceived cost than the ads, privacy invasion, etc.
Other than Lemmy, what are you doing tonight?
Im buzzed and looking for inspiration, whatcha up to?
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What's involved in your budgeting method?
I think budgeting and practical finances should be taught at multiple stages throughout a student’s life. I thought I knew the general idea but didn’t appreciate how much neglecting it would set me back....
double take (slrpnk.net)
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I'll go for a morning run too. (startrek.website)
"No idea" by War and Peas (lemmy.world)
All the links...
Does anyone else feel like every year is like the movie 'Groundhog Day'? Same holidays, same birthdays, same work week, etc
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By Richard Waite
What is your unpopular flim opinion
I’ll go first. Mine is that I can’t stand the Deadpool movies. They are self aware and self referential to an obnoxious degree. It’s like being continually reminded that I am in a movie. I swear the success of that movie has directly lead to every blockbuster having to have a joke every 30 seconds
Double standards (startrek.website)
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hmm rock (lemmy.world)
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