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Leveling Up Your Spending Plan
Manage episode 354106216 series 3352217
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Do you have a spending plan? Or do you just wing it and hope for the best?
If you remember episode nine, The First Foundation of Financial Fitness, you’ll remember that you should spend less than you make. Hopefully, you are already doing that. Today’s episode takes that foundation up a notch to help you keep track of where your money is going.
In this episode, you’ll learn three types of spending plan structures, reporting mechanisms, and common challenges with spending plans. Let’s take a deeper dive into spending plan design so that you can determine which type of plan best fits your lifestyle so that you can reach financial independence sooner.
You will want to hear this episode if you are interested in...
- Have as much structure as you need and as little as you can get away with [1:12]
- Spending plan level 1 [1:52]
- Level 2 [2:51]
- Level 3 [4:25]
- The reporting mechanism [6:01]
- Your homework [8:50]
Resources & People Mentioned
- Episode 9 - The First Foundation of Financial Fitness
- Sample spending plan and flow chart
Connect With Justin Waller
- https://WallerFC.com
- Waller Financial Coaching on Facebook
- Justin on Instagram
- Justin on LinkedIn
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