The Growth Guide: Self-Improvement | Greatness | Impact | Creators | FI |  cover image

Financial and Life Literacy with Nelson Soh

The Growth Guide: Self-Improvement | Greatness | Impact | Creators | FI |

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Budgeting

With a budget, now you're able to say, okay, 50% is needs of this 50%, how much is going towards things like groceries. So then at the end of the day, you're not wondering where all your money went because you know, with a budget,. 10% is going to my savings, 40% to my wants or whatever your configuration is. It almost made me think that maybe that budgeting one should come back ahead of needs versus want as well. But I always tell people, you know, a budget isn't telling you that you cannot spend your money. A budget is telling you how to spend your money."

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