Episode 6: In this episode out host, Utkarsh talks about why you need a budget and how it is important for your financial health. We also discuss some budgeting methods that you can use in order to streamline your finances.
Having a budget will help you a ton with achieving your financial goals and trust me it might sound like a lot of work but it will make your life a lot easier. Creating a budget helps you prioritize long term goals and work towards them. Creating a budget will also highlight your bad spending habits, a lot of people spend their money and never keep track of it so they never even realize where they might be wasting their money, when you start keeping track of your expenses, it highlights a lot of the bad habits you may have when it comes to your money management.
Recommendations: Mint Budget tracker and planner, you can use this app to track your budget and stay on track!!
Hope you enjoy this episode! Please find me at accidental-investor.ca if you have any questions or just want to say hi!
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#budgets #financialfreedom #financialindependence #finance #personalfinance #earlyretirement