Money management is the single most important tool for building your wealth. At the end of the day, you can invest and save however you want, but if you don’t keep track of your finances or know where your money is going, it’s unlikely that you’ll be able to really construct a strong financial security net for yourself; after all, you can’t erect a sturdy building on a shoddy foundation.
When it comes to looking for advice on the topic, with the overabundance of resources available online, you can feel overwhelmed from the start and get scared off — don’t let it intimidate you, just find a good starting point. To assist you along your personal financial journey, I’ve compiled a list of some of the best personal finance blogs to visit for advice and insight on how you can take control of your money management.
The Penny Hoarder
Building a budget and learning to manage your finances is tough, but so is sticking to your plan once you have everything in place; The Penny Hoarder is great for helping you maintain your financial course. One of the most difficult parts of sustaining your budget is controlling your purchasing impulses so that you can save the money you would normally spend on frivolities, and The Penny Hoarder can help you find a happy medium between not buying anything and spending too much by making things more affordable for you with money tips, coupons, and budgeting hacks.
Blogger Paula Pant, creator of Afford Anything, lives by one simple motto: You can’t afford everything, but you can afford anything! If you’re looking to increase your wealth through real estate investment and rental properties, this is should be a go-to resource for you to find guidance and instructions, but it has plenty to offer if you aren’t looking to invest in land just yet. It tackles the broader scope of finance and ties in topics that include productivity hacks to adjusting your mindset to achieve success.
Money Under 30
Despite what its name might suggest, Money Under 30 has some incredible advice for anyone looking for broad tips on matters of finance in almost every aspect of your life. From debt payoff to credit cards to investing to financing a home or car, Money Under 30 helps you navigate all of the important financial events in your life, and even some of the smaller ones.