Mentally Financial with Gary B.: Real Talk, Real Struggles, Real Solutions

How to Choose The Right Budget System For Beginners


Listen Later

Mentally Financial Season 4: Real Life Budgeting & Money Management for Beginners
Show Topic: “How to Choose The Right Budget for Beginner.” August 6, 2023, Episode 5

What’s up Fam. Today I wanted to talk about “ How to Choose The Right Budget for Beginner.” The best system for you depends on what you’re trying to do — curb spending, pay down debt, build savings or something else. Choosing the right budget can take you along way. 

For Beginners:
Bugdeting: I recommend the 50/30/20 Budget system. To start and add another once you get a hang on it
Banking: I would say for beginners start with one check, and one savings account but consider increasing that number as your financial goals change.

I’m going to talk about 4 things in this episode two which I use monthly:

1. Getting started: The 50/30/20 budget

2. Curb your spending: The envelope system, or 'cash stuffing'

3. Build up your savings: Pay yourself first

4. Make the most of every dollar: The zero-based budget

A new episode drops every Sunday @12pm. I hope you can learn something that will help you in life.

Leave your questions for me at [email protected] 

Checkout G. B. Roane Jr Financial LLC
If you need help with your personal finances
Visit www.gbroanejrfinancial.com
Call 706-222-1987 for a FREE 30 Minute Consultation

Mental health is something we must stop being scared to talk about. Let's work on ways to handle it.

Support the show

Pass this podcast along to anyone you think may need to hear my words. Try not to be a gate keeper.
Thanks


If you would like a One on One session with me!
Visit me at:
www.gbroanejr.org
www.gbroanejrfinancial.org


Email me at:
[email protected]


Slogan: Stop Chasing a Credit Score! Build your Credit Profile.

...more
View all episodesView all episodes
Download on the App Store

Mentally Financial with Gary B.: Real Talk, Real Struggles, Real SolutionsBy Gary B.