Budgeting

Debt2Riches > Budgeting
Spread the Wealth

Learn How to Budget Your Money

Debt2Riches will share with you practical ways to help you start a budget and consistently use your budget to achieve your financial goals. Budgeting is the first step that is needed to help you take control of your finances and learn how to successfully manage your money on your own. Budgets allow you to see how much money you have coming in and where that money is going out each month. This is critical knowledge to have in order to manage your money effectively. 

Budgets also provide you with a list of job income, assets (passive income), and liabilities (debts). The goal is to ensure you have extra money left over after paying all of your debts for the month. This extra money is used to build up your savings and then to invest that savings to build wealth over time.

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