If you had read my last blog on budgeting and downloaded my sample spreadsheet, now is the perfect time to share my method of how to prioritize spending; the 10-10-80 budget. The budget is simple and it starts with giving; you give away the first 10% of your net income before tax. Wow! This may …
Two Thirds of Americans don’t budget, the Federal Government is currently operating without a budget, and many local governments do not have a budget in place either. At this point you might be asking yourself, “Well shoot, who does budget then?” Great question: millionaires. In Thomas Stanley’s book “The Millionaire Next Door” he profiles the “average” …
Personal Finance Tip #1: Build Wealth The Realistic Way – With a Budget Read More »