E49: How to Master Your Money

In this episode of Mills Knows Bills, Mills shares the highlights from a webinar she conducted for a group of small business owners and variable income earners. During this webinar Mills lays out the fundamental first steps of mastering your money without stress and fear by organizing your finances in a way that works for you and not against you. Gig workers and variable income earners can often struggle with reaching their financial goals as their income can often oscillate up and down during a given year. In this episode Mills will show listeners how to plan ahead for these changes by implementing what she calls practical budgeting.  Despite what many people might think a budget cannot simply be solved by making more money. In the practical budgeting system Mills shows the importance of tailoring a budget that's the best fit for you. When you begin to master this system you discover that budgeting and financial planning is not a set of rules that stifle your favorite parts of living, but rather a map to show how you can maximize your money in a way that allows you to truly start living! Topics Include:  What Does It Mean to Master Your Money? The Importance of Establishing a Budget  Defining Practical Budgeting How Good Budgets Free Rather Than Restrict The Pros and Cons of the Envelope System  _____________________________________ Follow Mills Knows Bills: Website: https://www.millsknowsbills.com Instagram: https://www.instagram.com/millsknowsbills Youtube: https://www.youtube.com/millsknowsbills TikTok: https://www.tiktok.com/@millsknowsbills LinkedIn: https://www.linkedin.com/in/ameliabender Facebook: https://www.facebook.com/millsknowsbills Twitter: https://twitter.com/bendermills Pinterest: https://www.pinterest.com/millsknowsbills Produced by: https://socialchameleon.us/