You Need a Budget: The Proven System for Breaking the Paycheck to Paycheck Cycle, Getting Out of Debt, and Living the Life You Want by Jesse MechamQuick review for a quick read: this ended up being a personal finance read that I picked up without really knowing the backstory to it. The You Need A Budget mentioned here is indeed the same system thats featured from the program/app of the same name. I didnt connect the two until learning about this book from a Daily Deal on Audible. I figured Ive been reading a number of personal finance books lately since the work Im doing also relates to financial matters and Im making decisions (i.e. trying to buy a house, save for retirement, etc.) along those lines, what references can I grab? Enter this book, then I realized the name matched the program. Duh @ me.
Tangent aside, this was an easy to follow audiobook, with a clearly delineated 4-step approach to budgeting. Whether you use a program, app or pen and paper/Excel spreadsheet, this book claims that the system it proposes works for all those methods and then some. It takes the idea that you 1. assign every dollar to a task, 2. carefully look at your expenses, 3. roll with the punches - meaning youre flexible and allow assessment with your spending, and 4. age your money - keeping ahead of your expenses by allowing the money youve saved in advance can be used for current/future expenses. Its a good system and the author gives plenty of examples of how it has worked for his family as well as others whove used this system. The information in this book you could essentially find on the programs website, but it does add a few (namely examples) new discussions to the mix. The book meanders a little from its central discussions from time to time, but I liked the overarching information I gathered from it. The audiobook was well narrated and its a quick read (about 5 hours total in audio form). I liked it and Ill keep it handy in my personal finance library.
Overall score: 3.5/5 stars.
Budgeting for Dummies: Your Guide to Becoming Budget Savvy
If you've read any personal finance advice, you know there's one simple rule that comes up time and again: You need a budget. A budget is a roadmap for where your money will go so you can make your hard-earned income work for you. Budgets assign your money a job and establish spending limits for specific expenditures so you can use your money responsibly. Creating a personalized budget is essential to developing the right spending habits , setting aside money for the long term , and ensuring the money in your bank account goes where it needs to. But how do you make a budget? Getting started with your first budget may seem complicated, but this Budgeting article will walk you through every step in the process.
Jul 19, The Budget vs Actual Report and how you can use it for minor course corrections all year long if you want to hit those profit goals you've been.
the storm of war andrew roberts
Try a simple budgeting plan
A budget is a plan for every dollar you have. We like the simplicity of this plan. Over the long term, someone who follows these guidelines will have manageable debt, room to indulge occasionally, and savings to pay irregular or unexpected expenses and retire comfortably. That leaves you more to work with elsewhere. Separating wants from needs can be difficult.
Many of us start the New Year with big goals and lofty expectations. By the time we get to the dog days of summer, though, a lot of those goals have been forgotten and you may not remember what you were hoping to accomplish! Life gets in the way, right? But what if you took five minutes each month to sit down and compare your results against those big goals? Here we go!
Some of the links included in this post are from our sponsors. Read about how we make money. So you might not know about budgeting. I can promise that if you make and use your budget, it will give you power over your money. Simply put, a budget is a plan for your money.