What Is Most Important?
Your biggest wealth-building tool is your income, and the best way to harness the power of your income is the monthly budget. Not investing or saving for college (though those things are important). It’s the budget, because from the budget flows everything else. If you want to invest money in a mutual fund, you make room for that $100 or $500 in the monthly budget. Want to get out of debt? List your debts in your spending plan. You get the idea.
The sad thing is that lots of people rank a budget only slightly higher than the Black Plague. Budgets to them mean no fun, bread and water for every meal, and custom-fitted straitjackets. What they don’t realize is that a spending plan is the fastest way to wherever you want to go, from simply taking control of your money to getting out of debt.
Many people don’t make a budget because they are afraid of what they will find. If someone has overspent to the point that they now face a mountain of debt and little or no savings, they might be shamed into stopping right there.
Don’t fall into that trap.
Please call us today and ask for a no cost meeting. We look forward to meeting you! Please call us at 636-532-7337.