/biz/ - Business & Finance

>>51264475

I don't really buy anything I don't need.

I always keep 6 months of paychecks in my savings account.

I invest any funds once my checking account is over $5k, into whatever my next goal is (stocks, crypto, bonds, PMs, etc.) Or, I'll just keep it in cash, but move it to a brokerage account.

Once a year I do a personal balance sheet of every single asset and liability I have and calculate the value (using Microsoft excel).

The easiest thing to do is just add up all of your monthly bills and subtract them from your monthly net income OP. If you want to increase your total cash leftover at the end of the month. Look through your expenses and see what you should be cutting out (instead of buying the $5 coffee at Starbucks, make your own coffee at home, etc.).

>>51264475
i buy perpetual, one-time purchases and use my time to diversify my skillset and pursue other interests.
for example: in june i made a garden tower that cost $20 to make and have saved $50 in groceries and learned lots about pants and botany, which i enjoy and want to learn more