Do you have a hobby? Photography, reading, scrapbooking? Knitting, travel, collecting? Read what the Financial Nanny has to say about Hobbies and Budget.
Today for Financial Friday I was trying to find something that would peek a lot of nannies and other people’s interest. I found something that truly peeked mine. An article on hobbies and budgets.
The following is some info that truly hit home for myself:
That’s what makes budgeting for hobbies so tricky. The value is there, but it doesn’t register on our spreadsheets. The intrinsic value they present is far less tangible, and sometimes at odds, with our long-term goals of reducing debt or saving money for a major purchase, such as buying a home. In short: Hobbies may not make us rich, but they can enrich our lives.
By Alice Shaffer, Regarding Nannies Development Team