When it comes to the use of social media, there are plenty of ways to do so. For the business minded, social media allows you to market your products, promote them, create your own following and yes, help you budget. ‘Helps you budget’ may sound a far cry, but with the help of Pinterest you can actually budget all your financial concerns, personal or professional. Not really sure how that is even possible? Here are some reasons why Pinterest is the place to be if you want to “budgetize”.
What Does Pinterest Do?You might wonder why Pinterest. The basic reason is very simple: it gives you ideas. People from all over the world ‘pin’ pictures and thoughts about how a certain thing can be done, whether it is related to a certain business or how to DIY home videos. This means that you learn how to do things cheaply and creatively, in ways that you might not have thought of before. The best thing about Pinterest though, is that it allows you do everything as per your budget. You do not need hundreds of pounds in hand to say, renovate your house or start-up a small-scale business. All you need is the will to try and the determination to make it through. Below are three reasons why Pinterest will benefit your budget.
1. Budgeting ArticlesThe first thing that you can do is start using all the budgeting articles in order to understand how to make budgets and follow them through. Since Pinterest allows you to pin anything from anywhere on your board, you can do this by gathering your favourite article and reading them at leisure. You can even arrange the board as per subject of how you can budget different things in life, like meal plans, home renovation, etc. This way, you will have separate articles that you can consult whenever you need information about a particular topic.
2. Lists and More ListsThere is nothing that helps with budgets more than lists. Lists allow you to keep a track of all that needs to be done and things that have been completed. With Pinterest, you can create lists for Christmas gifts, learn how to organize a party in the smallest of budgets, and what to get in order to make sure that you do not exceed expanses when it comes to buying. You can eve pin real-time price of a product along with its description on your pinboard. Pinterest also offers to email you price changes of any object that you might have pinned to the board. This too will help you keep up to your budget.
3. Wait ListYou can create wait lists with Pinterest. This will help you in overcoming your overspending habits if you have any. Pin the product you want to buy o the board and wait 15–20 days. If you haven’t gotten over the impulse than you probably need the product, otherwise you will get over the impulsivity.…
Talking to children about money is never an easy task. You might want to explain them why money is tight these days, or that they are growing up and should learn the difference between splurge and save. With so many adults admitting to having trouble with saving money, you don’t want to pass that on to your kids. Here is how you can teach children financial responsibility.