Most of the time conversations around net worth are preceded by a certain celebrity’s name. I, myself, just engaged in a debate discussion about Shawn Carter’s (Jay-Z) net worth and whether or not he is truly a billionaire.
After I told you how I complete my monthly Financial Checkup, I received a question about how I complete my budget on a monthly basis, so I thought it would be a great topic to bring here.
My process may seem like it takes a while, and it did when I first started, but now that I have a process it only takes me about 15-20 minutes.
This is what I do at the end of the month after I complete my Finacial Checkup.
I love reading and one of my favorite topics is of course Personal Finance. One of the first Personal Finance books I read was Total Money Makeover. That book helped me learn how to create a budget. If you are looking to increase your personal finance IQ here are a few books you should check out.
Once you say the word budget it seems like the energy in the room disappears, but a budget is not a bad thing it gives you the ability to pay for everything you need and everything you want.
Having a budget helped me pay off over $50K in debt and fund my emergency fund, but it has also allowed me to do things I love like travel.