057 Forget Budgeting, Give Your Money a Job Instead - a podcast by Mel Abraham

from 2022-04-18T12:00:35

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In today’s episode we are talking about budgeting and the best way to create a financial plan that makes your money work with you towards reaching the affluent lifestyle you want to create. Budgets can get a bad rap, but when you understand the power of being intentional with your money, you'll see how this paves the road to your financial freedom.   We're going to start by drawing the map from where you are to where you want to be - that place of financial freedom. Remember that your financial future depends on the choices you make today about your money, your behaviors, and your habits. The best way to ensure that you reach that ideal destination is to first determine what that destination looks like: decide what you desire most in life, and then create a strategic plan to achieve it.  

We need to choose how our money is going to be used, and a budget will guarantee that your dollars are going to where you intend them to go. The beauty of a budget is that it makes your money work with you towards your affluence plan, and create the lifestyle you envision for yourself.

 

Today, our conversation includes:

  • How to create and define a cash resource plan (budget that works for you)
  • The five steps in a cash resource plan that will help you start working towards your affluence lifestyle
  • The importance of making your money work with you to fulfill your affluent vision
  • Setting your goals on paper so you can know exactly where you are and where you want to go 

 

Resources mentioned: 

 

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Check out my book:

  • “The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/

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