059 Forget Budgeting, Give Your Money a Job Instead episode artwork

EPISODE · Apr 19, 2022 · 39 MIN

059 Forget Budgeting, Give Your Money a Job Instead

from Building Your Money Machine · host Mel Abraham

In today’s episode we are talking about budgeting and the best way to create a financial plan that makes your money work with you towards reaching the affluent lifestyle you want to create. Budgets can get a bad rap, but when you understand the power of being intentional with your money, you'll see how this paves the road to your financial freedom.   We're going to start by drawing the map from where you are to where you want to be - that place of financial freedom. Remember that your financial future depends on the choices you make today about your money, your behaviors, and your habits. The best way to ensure that you reach that ideal destination is to first determine what that destination looks like: decide what you desire most in life, and then create a strategic plan to achieve it.   We need to choose how our money is going to be used, and a budget will guarantee that your dollars are going to where you intend them to go. The beauty of a budget is that it makes your money work with you towards your affluence plan, and create the lifestyle you envision for yourself.Today, our conversation includes:How to create and define a cash resource plan (budget that works for you)The five steps in a cash resource plan that will help you start working towards your affluence lifestyleThe importance of making your money work with you to fulfill your affluent visionSetting your goals on paper so you can know exactly where you are and where you want to go Resources mentioned: Download The Affluence Blueprint™ Graphic (Three Pillars of Affluence) - https://melabraham.com/wp-content/uploads/TAE-051-The-Affluence-Blueprint-Framework.pdfEp 51: A Framework for financial independence:  https://podcasts.apple.com/us/podcast/51-a-framework-for-financial-independence/id955356128?i=1000553167730Ep 24: What to do with your cash:  https://podcasts.apple.com/us/podcast/024-what-to-do-with-your-cash/id955356128?i=1000533590226How to construct the Wealth Priority Ladder™️:   https://melabraham.com/wp-content/uploads/TAE-023-Wealth-Priority-Ladder.pdfEp 54: Net Worth Your Key to Financial Freedom  https://podcasts.apple.com/us/podcast/054-net-worth-your-key-to-financial-freedom/id955356128?i=1000555454663Ready to build a solid financial foundation?Join the 7 Day Money Plan Workshop:  TheMoneyPlanWorkshop.comConnect with me:Website: MelAbraham.comYouTube: 

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In today’s episode we are talking about budgeting and the best way to create a financial plan that makes your money work with you towards reaching the affluent lifestyle you want to create. Budgets can get a bad rap, but when you understand the power of being intentional with your money, you'll see how this paves the road to your financial freedom. We're going to start by drawing the map from where you are to where you want to be - that place of financial freedom. Remember that your fi...

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059 Forget Budgeting, Give Your Money a Job Instead

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