How To Get Better At Managing Money (Quick Money Monday)

https://www.youtube.com/watch?v=hK_M0PgvF14 I've learned a lot about money management in the last year and have improved my skills in the area substantially. Here's some ideas on how I have gotten better at managing money and how you can too. 0:00 - Introduction 0:31 - 1 Year Ago Today (0:43….add video) 1:10 - I'm not actually 'broke' 2:06 - #1: Being completely focused on my money and constantly looking at it 3:07- #2: Creating a cash flow calendar 4:25 - #3: Remain as frugal as possible 5:20 - #4: Find ways to achieve more with less 6:25 - #5: Building up cash buffers in my life 8:09 - #6: Working really hard to build up my passive income 10:35 - The biggest thing has been focus 10:52 - Something I really need to work on 11:26 - I've come so far in the past year How I Got Myself Into Debt Recommended Videos: Barefoot Investor Bank Accounts Explained I Need To Get Better At Managing Money (March 2018) Transcription: almost exactly one year ago I decided that it was time finally time to get better at money management and I've learned a lot over the past year and learn a lot especially over the past couple of months so here I want to talk about how I'm getting better at money management and some of the things that I've learned hi i'm ryan from onproperty.com.au/free angel' freedom and welcome to another quick money Monday where we talk about things around money now it was almost a year ago to the day I'm recording this on the 27th of March it would go out early April but on the 26th of March 2018 I published a video that says I'm working or I'm looking to get better at managing money so I'll link that up down below or you can go to onproperty.com.au/mortgage 493 to check that out but I really feel like over the past year despite the situation that I'm in now I have learnt a lot about managing money I've made some major improvements in my life and I'm so much better at managing money now than I was in the past now if you've been following me for some time you'll know that I'm in debt currently working my way out of debt that I'm saying with family to reduce my expenses but I just kind of want to put the disclaimer out there that I'm not actually broke so yes I have debt to pay off yes I'm currently living with my family to save money but I've still actually got a solid passive income in my life that if it wasn't for the debt in my life I would likely still be financially free or very close to it and I'm actually working on growing my passive income at this point in time as well so money management has been a massive issue in the past as well as obviously things that happened in life if you want to find out how I got into debt then I'll link up to that down below but yeah so money management has definitely been my issue and you know added to the fact that I got into debt because I didn't build up my buffer funds and things like that but I'm really working on it so in the book Rich Dad Poor Dad he talks about this idea of minding your own business and basically treating your own life and your own finances as a business and paying attention to it and so the biggest way that I'm getting better and money management especially in the past couple months as I've really been focusing on smashing this debt is just being completely focused so really focusing on my money paying close attention to it and constantly looking at it that's the biggest thing and the issue that I had in the past being financially free or having pseudo financial freedom where you've got enough money coming in that you don't need to worry about expenses we're going to have it where we just didn't look at our finances because they tended to be enough money in there to pay for the things that we wanted to pay for so we didn't watch it closely so now I'm really focused and I'm constantly looking at it and I'm looking at my current position where I am now how much money I have now and I'm also projecting forward so I've gone ahead and cre...