PayPant- The Financial Backyard

When it comes to budgeting, people make use of rules that work best for them. And for a budgeting rule to work for you, you must understand everything about it. The 60-20-20 rule is one of the many budgeting rules most people use. It is effective for most, while some find it unrealistic. Before you go ahead to use the rule, here's a detailed article that gives you a full understanding of the 60-20-20 budgeting rule. What Is The 60-20-20 Rule? The 60-20-20 rule is a percentage budgeting method that guides you on how to allocate your income to different spending categories. The rule states that 60% of your net income should be spent on needs, which includes the necessary daily expenses you make. Your daily expenses can include fixed and recurring costs. To put it more clearly, here are the expenses that can be included in this category: - Transportation costs - Mortgage payments or rents - Car repair and maintenance - Groceries - Utility bills - Studen...

Everyone wants to get rich! Being rich enables you to live a life of comfort and financial security. However, it's pretty hard to get rich without involving yourself in illegal activities. If you're in search of a legit way to get rich quickly, check out this article. Here are some legit and easy ways to make money. How To Get Rich Quickly Have The Right State of Mind To become rich, you need to train your mind to think and act rich. A mind that's stable and rich in thoughts, will come up with brilliant business ideas. You can train your mind by being around wealthy people, reading books on wealth, and attending conferences held by rich people. Manage Your Money Efficiently To become rich , you need to change the way you handle your finances. Here are some ways to efficiently manage the wealth you have on hand Make A Budget For Everything. Outlining your monthly expenses and income enables you to achieve your financial goal Think Of Saving As A Bill Always think of investme...

You want to retire early, right? All the resources you'll ever need to achieve economic freedom and personal fulfillment are right here. It would be great if you could retire and live comfortably well before you hit your 60s. The FIRE (Financial Independence Retire Early) community aspires to do just that. Also, you may retire early with the aid of these applications, calculators, and recommendations. The principles of the Financial Independence, Retire Early movement include economizing, putting money away regularly, and keeping track of your spending. Mr. Money Moustache, a financial blogger who retired in his thirties, is often credited as the movement's inspiration. To assist you in doing the math, we've included a small selection of the online retire early calculators we've come across from other FIRE writers and financial institutions. The Laboratory of FI This website, which was compiled and made by the Mad FIentist, a well-known FIRE blogger, is undoubtedly one ...

I love audiobooks, but they can get expensive. Luckily, there are plenty of ways to listen to audiobooks for free! Here are ten tips and tricks that will have you listening to your next favorite book while saving money. Borrow audiobooks from your public library. Check with your local library to see if they offer audiobooks. Many libraries do, and many of them are free. Even if you're not a library member or don't live near one, it's worth checking out—sometimes libraries will let you use their services even if you aren't a resident or member. Most libraries' audiobooks are digital, meaning you can download them directly onto your phone or tablet without needing physical CDs or DVDs (though some still offer these options). If the audiobook is available in both formats, I'd recommend opting for the digital version since it's more accessible and easier to move around than physical copies. Audiobooks usually come with time limits—you may have only three weeks ...

What's your annual income? Do you know how to convert it to an hourly or monthly income? If you make $30,000 per year, here's how much you make per hour, per day, and month. Note : the calculations in this article assume that you work an average of 40 hours per week. $30,000 a Year Is How Much Per Hour? If your annual income is $30,000 per year, it means you're being paid $14.42 on an hourly basis. Here's a simple way to calculate how much you earn per hour from an annual salary. - First, find the total number of hours you work in a year. In this case, since you work 40 hours per week, then your total working hours per year becomes 2080 hours. 40 hours per week × 52 weeks in a year = 2080 hours. - Secondly, divide your annual income by the total number of hours you work in a year. $30,000 ÷ 2080 hours = $14.42 Thus, if you earn $30,000 per year, $14.42 is the amount you make per hour. $30,000 a Year Is How Much Per Day? A $30,000 yearly salary ...

A solo 401k is a great way to save for retirement if you run your own business. It provides the ability to contribute more money than other retirement accounts. It often comes with additional benefits such as matching contributions from your employer or a self-directed investing option that lets you choose investments based on your risk tolerance and future goals. Best Solo 401ks Overall - Self-Directed Solo 401k A self-directed 401k is the best option if you want complete investment control. It allows you to invest your money in various assets such as stocks, bonds, mutual funds, ETFs, real estate, and alternative investments. The self-directed solo 401k allows you to invest in various investment vehicles, including mutual and exchange-traded funds (ETFs). Moreover, it allows you to invest in alternative investments like real estate through a self-directed IRA LLC or an IRA trust. Best Solo 401k for Straightforward Investing - Schwab Solo 401k Schwab Solo 401(k) is an excellent option...

Every year, advanced and sophisticated computer hardware models are released. When you replace an outdated computer with a newer model, what happens to the old model? Most people decide to throw their old computers away but there are ways to make money with your old computers. There are ways in which you can recycle computers for money, so instead of disposing of them, you can cash on them. So while you are saving the earth (by not disposing of your computer indiscriminately), you're also making money. Here are some ideas of the best options to recycle computers for money. 1. Repair and Sell Your Computer One of the easiest ways to sell used items, such as your computer, is to get them back in great shape. In addition to attracting buyers, you can sell it at a better price. On the other hand, a computer with too much damage may likely sell at a lower price. Many used computers only need a few parts replaced or repaired to become fully functional. You may be able to find the needed ...

Did you know that you can earn by collecting trash? Yes, you can make money by collecting and reycling Aluminum cans. If you gather enough cans or bottles, you will be able to earn up to $100 a week. And in states where there is a bill for bottle recycling, your earnings will be higher. According to the container recycling institute , over a trillion Aluminum cans have been thrown in the trash. Incentives like a refundable deposit encourage people to recycle their aluminum cans, which reduces the amount of trash that ends up on the ground, in water, and forests. If your state has a bottle bill legislation, you can recycle bottles, cans, and other containers. If you don't reside in a state with a bottle bill, the amount of money you make from recycling bottles will depend on other factors. And I'll show you just that in this article. Here's How To Make Money Collecting And Recycling Used Bottles And Aluminum Cans. Aluminum cans can be sold in a variety of locations. Shops li...