How to Budget Money 101
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There’s something we can all agree on here.
It’s that budgeting exists for one simple reason—because it works.
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But exactly How to Budget Money so you can reach your financial goals and enjoy life?
This is the Way.
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So, we know and agree that budgeting works. We also know that we should be budgeting ourselves, even just a basic amount.
Yet, a good amount of us doesn’t practice what we preach ourselves.
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This is usually either the result of one of two things:
(1)
A lack of commitment to being consistent with budgeting; or
(2)
Not fully understanding
how to budget money
or where to start.
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After reading this article, you’ll have a better understanding of how to budget money easily so that you can spend less, and save more for your goals.
If you’re here for either of those, you’re in good hands.
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Budgeting is a financial exercise highlighting your earning, spending, and saving habits.
What is a Budget and Why Should You Have a Budget?
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While budgeting is commonly done monthly,
it can be weekly, bi-weekly, quarterly, annually, you name it.
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