Putting it all together

About a month ago, I started this blog with the hope to share what I’ve learned about personal finance with all of you. Now that we’ve covered all the basics, I think it’s a great time to recap everything I’ve posted about, and put it all together towards the bigger picture. All the way from budgeting to buying a house, let’s discuss how you can apply what we’ve discussed into your life.

If you remember from my first post, the first thing we started with was tracking your spending habits. I chose to start with this because it doesn’t matter how much money you make, as long as you practice saving it. A common phrase I’ve heard repeated is its not how much you make, but how much you save, and I try to use that advice every day. From here we moved onto budgeting tips and eliminating debt. One of the most important things you can do once you’ve started budgeting is paying off high interest debt, because then you can save even more! I would put all of these posts in the same category of personal finance, which is the fundamental aspects of the practice. All of these topics we’re meant to build a foundation for the user to invest and pursue bigger financial goals.

So, logically after paying off debt we moved onto our first investments, covering things such as putting money into Roth IRAs and high yield savings accounts. Both of these options are very low risk which is why I chose to cover those investments first. After mentioning low risk investments, my posts transitioned to much more complex ideas and investment routes as hopefully my readers were able to follow along without being lost. I really enjoy researching and discussing these more complex routes such as buying stocks or purchasing real estate, because they feel much more personal than simply budgeting or matching a 401k.

In conclusion, throughout the history of this blog I hope I helped at least somebody develop a better understanding of their own personal finances, because I know I learned more than I could’ve expected along the way. I’ve received feedback from friends, family, as well as anonymous people who have stumbled upon my site, and I would like say thank you to everyone who reached out and shared your opinions or even simply told me to keep up the good work. My future posts will be more niche and less broad as I feel like I’ve covered the basis of personal finance, so make sure to follow the page if you want to stay up to date. As always, keep practicing personal finance and down the road you might just thank yourself!

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