Is anyone else feeling completely overwhelmed by personal finance? I swear, they should’ve taught this stuff in high school, right? It’s frustrating for me ’cause I’ve reached the point where I know I don’t want to stay embedded in this perpetual loop of not getting this right - not knowing where my money is going or how to save up for something important.
I’ve started trying to build up an emergency savings fund - you know, the one we’re all told we should have. That’s going quite slowly though. I sometimes feel as if I’m feeding a starving piggy bank with coins, when it really needs a banquet.
Anyone else feel this way? What are your secrets, if you’ve managed to conquer the monster that is personal finance?
And then there’s the investing part, which is a total mystery. I mean, with inflation climbing up like a kid on a sugary high (thanks to the economy post-covid), savings accounts just seem less impressive. Anyone have any info about getting started with investing? And no, I’m not looking to gamble my money on Bitcoin or meme stocks. Nice and slow does it for me.
What’s worked for you guys? Do you use budgeting apps? If so, which ones would you recommend? Or is good old pen and paper preferable?
I’m all ears, everyone. Please don’t sugarcoat things, though. I could use some brutal financial truths 🤔
