29. All You Need to Know About Keeping Fun in Your Budget

Welcome to the Balanced FI Podcast, episode 29 - All You Need to Know About Keeping Fun in Your Budget

Setting aside a bit of money each month for fun, frivolous purchases helps you stay on track financially. You’re less likely to completely blow your budget when you know you have already planned for your hobbies and random habits. 

This episode goes over 

• why you need to budget for fun
• how much to set aside
• how to actually make a fun money budget part of your life 

 

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RESOURCES:

Read: Fun Money Budget: What You Need to Know

Read: Financial Security Step 6: Create a Budget

Read: Financial Security Step 7: Pay off Debt

Read: Financial Security Step 9: Increase Retirement Contributions

Read: Financial Security Step 8: Save an Emergency Fund

Sign up: Bill-Balancing Bootcamp

 

SOURCES:

Source: 50/20/30 Method Is Perfect if You’re on a Budget… but Still Have a Life