Don’t Allow Your Expenses and Credit Cards Become Your Task Masters (W2:D4) Debt Free Millionaire

The best way to become intentional with your money is to budget. This is basically a roadmap of how you want to spend your money, a spreadsheet of all your expenses and how you want to You have a certain amount of money that comes into your hands or account every month. You have a certain number of necessities due every month. Where do you spend this money? Every dollar you have should have a chore or purpose. You do this so you can keep track of every dollar but also so that you don’t spend money in one area when you it would take from another area.

Example: If you have three different glasses and you want to fill them all to specific amount, if you pour too much into one glass, there is less water to go into the other glasses, so they will not hit their intended levels.

It you have a budget, you are less likely to overspend and less likely to steel from other opportunities you would have had if you would have keep on your budget. Do you want to go on a trip? What happens if you spend too much money somewhere it wasn’t needed. 

 

Images came from: https://www.pexel.com Music I Use: Bensound.com/free-music-for-videos License code: AN4MXGI6OALEGJ66 Also read these articles: https://www.reuters.com/world/us/us-household-debt-largely-unchanged-q2-credit-card-balances-jump-ny-fed-says-2023-08-08/ https://awealthofcommonsense.com/2023/08/why-im-not-worried-about-1-trillion-in-credit-card-debt/