How to Prioritize Your Spending

Bill and Anastasia continue their January topic on budgeting (a key component of creating wealth) to discuss how their respective family budgeting and goal setting processes went this year. Anastasia mentions the spending category that took her by surprise and compares the practice to getting back into workouts. She shares responses from others on whether they budget and what they find most challenging about it. Bill gives tips for how to stay motivated and what to do if you fall out of practice. He provides thoughts on whether it's necessary to continue tracking expenses closely once you have a handle on it. For questions and comments, you can email us at [email protected].