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Description

Episode 005 Budgeting Basics

In this show, Mike and Amy discuss the dreaded top of budgeting. Mike and Amy cover: 

  1. Purpose of Budgeting (2:53)

  2. Analyze Current Spending (6:22)

  3. Prioritize Spending (7:39)

  4. Tools to Track Current Spending (8:51)

  5. Identify mandatory, discretionary, and infrequent expenses (11:37)

  6. Don’t get wrapped up in someone else’s process; do what works for you (17:56)

Links:

Operation Retirement Readiness:  www.operationretirementreadiness.com

Schedule a consultation with Mike: https://nextmissionfinancialplanning.com/contact/   

Schedule a consultation with Amy: https://www.instarfp.com/contact

Disclaimer: This podcast represents the views of the hosts and any guests. It is for informational purposes only and should not be considered tax, financial, or legal advice. All information is regarded to be from reliable sources. The hosts are not responsible for any losses, damages, or liabilities that may arise from the use of this podcast. This podcast is not intended to replace professional, individualized advice.