Welcome! Let's Talk How To Win with Money
Rule #1 Keep Your Eyes On You Own Paper (Mind Your Own Money)
Rule #2 Expect Problems & Have Them For Breakfast (Prepare for Emergencies)
Rule #3 Every Dollar Must Have A Job (Budgets Suck, But So's Being Broke)
Rule #4 Spend Less Than You Earn (Debt Could Be The Death of You)
Rule #5 Use Credit Wisely (Credit - Getting It & Maintaining It)
Rule #6 Let Your Money Work for You or You'll Always Be Working For Money (Investing)
Closing - Keep Learning and Keep Earning
ACTION PLAN: See A Budget In Action & Create Your Own (01:15 mins)
There are many different ways to create a spending plan or a budget. The ‘right’ way is the one that helps you plan how to use your money each month, helps you avoid wasting money, helps you save for your financial goals, and most importantly, is easy to maintain. My personal favorite is the zero-based spending plan because it gives every dollar a purpose. Idle money is spent money, so make sure your money is accounted for. Here’s how you do it:
