The Importance of a Budget

The budget is a way that tracks what your upcoming expenses are and you can see some of those recurring expenses in there as well. Now, the next thing I want you to do is look at seasonal surprises. Maybe there's a season where your entire family has birthdays, month after month after month. Birthday parties now, news flash are really expensive for kids. So if you have seasonally surprise items, obviously Christmas is the biggest one,. Then you want to make sure that you are planning for those ahead of time, 12 months out.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app