This week Matt covers the basics of putting together a real, working budget for any situation. Many people cringe at the word “budget” so we can use the term “spending plan” if you’d like. Either way, this is the foundation of the L.I.F.E. Ladder and the basis for winning with money. We have to tackle this process early on in our financial lives if we want to be successful. Matt illustrates how in today’s episode.
– Matt rants about consolidating debt and refinancing to get a tax deduction. During the show he references a Smart Money online article.
– How to make a budget that actually works for your personal finance or small business.
– Which finance software works the best? Matt’s answer may surprise you.
– How to stretch a dollar in any economy.