- Do you know how much you spend each month?
- If you suddenly had no income for 6 months would you be ok?
- How would you change your lifestyle if you needed to save more to meet your goals?
- Do you carry balances on your credit cards?
Budgeting is not an issue for everyone, but for some, hearing the word “budget” is cringeworthy. But all budgeting means is understanding what is coming in and going out of your household. It is developing a cash flow/spending plan.
We discuss good and bad debt, how much to set aside for emergencies, and if needed, gain control over spending and debt challenges.