Personal finances can be as simple or complicated as you want to make it. Personally I don’t have copious amounts of time to budget. I like to spend my time actually working for money. I will quickly explain the nuts and bolts of personal finances.
Don’t do it for the money. Those who do what they love, have passion for their work and dedicate themselves are able to put in more effort, more consistently. That effort is what will get you paid. What other respectable way would you want to make money?
Keep some. If you spend more than you make you will go into deeper and deeper debt. If you spend exactly what you make you will also go into debt. Why? Shit happens! Bad things happen to good and bad people. Plan for it and save a little.
Never be proud. I had this sense of entitlement at one time. I had a degree, I was smart and talented. I should be paid just for being born. Alright, maybe not that extreme but I did feel I deserved better. I see this all the time. People who snicker at paper routes and working at McDonalds. Every single job is an opportunity or has small opportunities for learning. Not pursuing or turning down opportunities because you think you should be somewhere better is flawed financial philosophy. If you deserve more other people will let you know. Especially when you are at the entry level.
Death by dependency. No one makes logical decisions when their arm is twisted. If you need something you don’t have the freedom to choose. If you are led around by the carrot tied to the stick it doesn’t matter if there are fields and fields of carrots right in front of you. You will go where you are told. Oh yea, that little carrot you’re so worried about catching… I’m referring to money.
The Art Of Adaptation: Less time worrying means more time working.