EP141: 7 Stepts to Creating a Budget and Save $500 Every Month
Today I am going to break down the exact same budget our students are currently using to save on average $500 or more each month.
A recent study shows that nearly 80% of Americans are currently living paycheck to paycheck.
This isn't because they aren't making enough or that they're spending too much — it's because what gets measured gets managed.
On the show I will be breaking down the 7 steps below in detail and explain how they work and why each step is so important.
Step 1: Go back 90 days
Step 2: Make categories
Step 3: Enter first two steps into budget
Step 4: Zero out your budget
Step 5: Follow the plan YOU created for YOUR money
Step 6: Make adjustments
Step 7: Rinse and repeat
Once you've listened to all 7 steps, head on over to https://www.moneypeach.com/session141 to get the free budget templates I mention inside the episode.
or you can simply
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Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.
If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.