Friday, July 25, 2014

#WealthforLife Wednesdays: How to Create a Realistic Budget

fa08how to budget beginners 150x150 #WealthforLife Wednesdays: How to Create a Realistic Budget

When selecting our Financial Fitness winners each month I always ask our subjects,” Do you have a budget?” The replies vary but they’re usually followed by grunts and groans about how restrictive budgets are. And if they have created one, our subjects share that they often drift from it within a month’s time. Developing a budget is an essential part of your wealth-building plan. To some degree, they should be restrictive. There are sacrifices that you must make if you are serious about really managing your money and reaching your financial goals. Creating a budget allows you to see how much money you have coming in and going out and helps prevent overspending. …

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#WealthforLife Wednesdays: How to Create a Realistic Budget