IT'S TIME TO BUDGET
What is a Budget? A budget is simply a plan of operation.
If you're tired of experiencing the same ole regrets and disappointments about where you are financially in life, now is the time to act!
If you want to "secure the bag", you must have a plan.
Stop standing on the sidelines admiring others. It's time to get your stuff tight! We've got to put a plan in action.
There is a saying, "If you fail to plan, then you plan to fail."
If you have plans for becoming financially independent and experiencing the bliss of financial freedom, you must have a plan. I will call it a Budget.
A budget is simply a guide, or plan that tells you the direction you're going. You may have goals or dreams, but if you don't have a guideline or a plan to get there, you are just throwing seeds in the wind.
You can use a plan for short term goals or long term goals, whichever it may be. However, if you don't have a plan, then the road to achieving your goal will be difficult.
A budget lets you control your money instead of money controlling you.
Here are five (5) ways a budget will improve your financial position:
Gives you control of where your money is going.
Tells you whether you are living within your means.
Keeps you focused on your money goals.
Helps you organize spending by dividing it into categories, such as needs vs wants.
Helps you determine how much debt you are in and how you can reduce it.
The sooner you start, the sooner you can begin to feel the sense of confidence about your finances.