Becoming The Hero

TM 36: The Basics of Budgeting


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Welcome back to the 36th episode of the Thursday Meditations show!

Before we get to the show - give me some feedback:

https://mailchi.mp/5e94a17af33d/thehardthingpodcast 

It’s still April, so we are still talking about finances. Today, we get back to basics. For those of you who are more advanced, remember that the fundamentals are what carry you through feast and famine. Maybe you’re doing pretty good. Pay attention anyways and hammer back in the important aspects of personal finance.

Here are the basics of budgeting:

  1. List expenses
  2. List predicted incomes
  3. Save against hardship
  4. Minus expenses from income
  5. Decrease expenses
  6. Increase income
  7. Set money aside for investing

Doing these basic things is designed to help stop the leaks from your financial bucket so that way you can start building wealth.

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Personal Revolution Podcast: Promo REVOLUTION

https://www.himalaya.com/revolution1

OneMission Nutrition: http://allegiance.1missionnutrition.com/thehardthingpodcast

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Becoming The HeroBy Justin Lewis

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