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80: How To Be Intentional With Your Money
Rich Habits Podcast
Master Your Money: The Three Rules of Budgeting
Effective budgeting involves giving every dollar a designated role to ensure awareness of income and expenses before the new month begins. This approach prioritizes understanding where money is allocated, such as dog treats or rent, to maintain financial clarity. Embracing true expenses requires a shift in perspective to accurately capture all financial outflows. Importantly, it takes approximately three months to establish a realistic budget as one tracks and adjusts expenses, learning what actual spending looks like in various categories like groceries.
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