Winning with money means following simple concepts.  It takes time,  It takes discipline.  However the results are beyond worth it.  Let's start with basic money principles 

Transcript:

Hello, my name is Tiffany, and welcome to the podcast Working on Amazing.

This podcast is specifically designed for women who feel like they're starting over midlife.

Maybe you went through a divorce, maybe it was a big breakup, maybe you even lost your spouse.

I don't know the exact story, but if you feel like the rug got pulled out from under your feet, and you're starting over, but it's the middle of your life, you're in the right place.

Welcome.

I'm really glad you're here.

Today's episode, we're going to talk about finances.

Finances can be such a struggle for a lot of people, right?

And winning with finances and doing well with finances is going to make your life so much better, I promise, promise, promise.

Money affects you every day of your life.

I've already said it, every day.

There's not a day you're not making money, spending money.

Money affects you somehow day in and day out.

And it's too big of a deal for us to not take a closer look at how we can manage our money better, okay?

So today, we're going to be really basic.

We're going to start super simple, and we're going to talk about some really basics on how to win with money, okay?

I'm going to tell you the most simplistic thing about how to win with money.

You want to spend less than you make.

More comes in, less goes out.

That's really simple, right?

We kind of know that.

We know that that's, I think, the goal.

But how do you do that, right?

How do you do it?

And sometimes we see other people and we're like, oh my gosh, they're doing so good.

They make a million dollars.

Okay, but if you make a million dollars and you're spending 1.2 million dollars, you are not winning with money, are you?

No.

And then there could be somebody else, and maybe they're driving a beat up old car.

They make $50,000 a year, but they only spend $45,000 a year.

Who is winning with money?

It's not what people look like.

Winning with money, sometimes, I think in our head, we think, if you're winning with money, you're carrying a designer handbag, you're doing this, you're doing that, you dress a certain way, you have a certain car.

No.

Winning with money is spending less than what comes in.

And it doesn't matter what those amounts are.

Even if they're big amounts, sometimes, I think the bigger the amount, the easier it is to overspend.

Learning to live within your means is the way you win with money.

I mean, it's just that simple.

So let's talk about really tactile things.

How do we do this?

So I'm going to give you three simple steps.

Simplicity does not equal difficulty.

Just because they're simple doesn't mean it's easy to do.

Sometimes the simplest things are the hardest to do.

So step one, if you want to spend less than what you make, step one, you got to know what you make, right?

So this is the easiest of the three steps.

Write down what you make in a month, okay?

So let's do it month by month.

That makes it a little bit easier, smaller.

What do you bring in each month?

And you might need to average it.

Most people, if you're, if you're salary, this is really easy for you.

Do you have other additional income?

Maybe you have child support coming in or some other income in addition to what you make at work.

Some people, it's not as easy for.

Some people work on commission or t