EP. 220: Money Do's & Don'ts

Dailytimr

12 min

Knowledge

Description

S A U N A I E Presents B u d g e t i n g Do's & Don'ts Q U O T E S: Faith is Believing that the Outcome will be what it should be, no matter what it is. 2nd: Pave your own path to Success, No one else can do it for you. S e g m e n t s: Budgeting  B U D G E T I N G Do's & Don'ts 1. DO Set Goals ( Short, Mid & Long Term ) / DON'T stick with goals that no longer work  - Set Goals & be open to changing them as you go, having measurable goals makes managing money a lot easier. - Start with your short term goals: what do you need & want to save for the next 3 months. Mid-Term 6 months Long Term 1 year ( think of fees like car insurance, car matienance, events, occasions, travel ) 2. DO Know What You Owe & What You Need To Live / DON'T ignore debts you're scared to confront. - Know What You Owe: Before you can save or spend anything, you've got to make sure your "Musts" are Covered. 3. DO know what you Spend: Track Your Expenses / DON'T Judge yourself for Spending - Know What You Spend: Tracking Your Expenses can feel like an invitation to Shame-Town, it's important to be Open-Minded & Judgement-Free. You're just gathering information so tou can make sure your Needs & Wants are Covered.  4. DO Find a System That Works for You. ( Pen & Paper, Excel, An App like Everydollar or Digit ) / DON'T Give

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micahClark

Episodes

EP. 220: Money Do's & Don'ts

Dailytimr

12:05