We often hear excuses, er, reasons why people can’t budget that revolve around the way in which they are paid (daily, every two weeks, only once a month, not enough, etc.). The irony is that the budget is especially important for someone whose money comes in erratically.
No matter when or how you are paid, applying the four rules and aligning your budget with your priorities will improve your situation and lower your stress level.
The budget is for everyone. If you have any expenses and/or hopes and dreams of any kind, you need a budget.
If you can’t wait until next week for more whiteboard wisdom, you can view the entire library here. Also, we’d love to hear from you! If you have a question or idea you’d like us to address in a future Whiteboard Wednesday episode, email us at [email protected]
Until next time…