Today we’re talking about budgeting and encouraging that you CAN set and stick to a budget. It’s not easy, but it isn’t complicated either, so we’re here to make it as easy as possible.
Everything You Need To Know
- Budgeting is a baseline skill – spend less, earn more.
- Budgeting should be forward-looking – be proactive not reactive.
- Keep it flexible – Emergency fund for surprises.
Hard to overstate how important setting and sticking to a budget is. But it can quickly become second nature.
Everything You Need To Do
- Track – Establish your income, Identify what you spend your money on currently.
- Plan – Pay yourself first, Know your triggers for (over)spending.
- Do – Two account system, Bills and spending.
- Review – Review weekly and at the end of the month. It’ll take time to bed in, so don’t beat yourself up if you don’t get it right first time.
