Manage Personal Financefinancial sign dollars
Home | Save Homepage | Budget | Investment | Loan & Planning | Taxes | Insurance | Daily life financial tips |

All You Wanted to Buy


Life is short and there are so many things to do. You feel like you might want to buy the store up. From a bicycle to travel by jet, from pizzas to exotic food and from kindergarten to Ivy League there are simply too many ways to spend your money. You might be missing out on a lot of goodies.

Budgeting is a foolproof way to get all you always wanted. There is a logical way to get most of these comforts of life. This is explained in a stepwise approach.
1. List out all the comforts you wanted to buy
2. Arrange comfort expenses in increasing order of cost
3. Buy the cheaper goods first

This method helps you get a larger number of goods and keeps you happy in more ways. These expenses are incurred after you have planned for the basic needs of life. For example instead of buying the expensive home theater first and paying for it over 3 years, you could buy a toaster, a food processor and a microwave oven in year 1. In year 2 you may buy a computer. You can then see what to buy in year 3.

The theory behind this methodology is that the house gets stocked up with more things quicker. It is important that this budgeting is done on a long term of around 10 years. This will help you buy all that you wanted and not miss out on the better things in life.

Budgeting articles



MPF Main Categories