41 - Bottom Line - How to Budget and Save Money
Being in debt simply means that you are not working for yourself, and that a good portion of your hard earned money is going to someone else. In this podcast, we help you understand the first steps in finding financial freedom, which means learning to budget and track spending. We beg the question, how much are you willing to work so you can buy more stuff?
In this episode:
How to create a starting point [1:00]
Why not cut out the things that don’t bring you joy? [2:30]
Why budgets are good for us [3:30]
The best way to track spending [4:00]
A few financial hacks [5:00]
How to find your opportunities to save [8:00]
Budgets can make you feel in control [8:30]
Being in debt means you are working for someone else [10:00]
The WHY of budgeting is so important and will guide you [13:00]
How much are you willing to work for stuff? [15:00]
The importance of sharing your goals with your friends and family [17:00]
If you prefer to follow along on YouTube, watch here!