How To BUDGET Your Monthly Income EFFECTIVELY | Financial Freedom Challenge - Task 2

[@Sanchyfab]

I break everything down-bills, savings, investments, and “fun money.” But even then, some months just get away from me

[@V.stones]

Spreadsheets are great, but I feel like sometimes life throws unexpected expenses at you. Like, last month, my car broke down, and suddenly I’m spending hundreds I didn’t plan for.

[@Robby767]

It’s like that for me too. I set money aside, but when things like that come up, it feels like all my planning was for nothing. Any advice on how to plan better for that?

[@Sanchyfab]

Well, one thing I started doing is setting aside money specifically for emergencies, separate from regular savings. I treat it like a bill. So, each month I put a small amount into a “just in case” fund. It helps when those unexpected things pop up.

[@Jonesmatsunaga]

Those are all really good tips. I guess my problem is sticking to it month after month. It’s easy to have a plan, but then life happens, and suddenly, I’m back to square one.

[@roseyfischer]

Yeah, I’ve been there,. One thing that helped me was working with Joseph Nick Cahill, my financial advisor.

[@PropertyToolkit-Lottie]

Brilliant informative video Abi! It is so important to keep a budget of your living expenses and with your clear and concise educational videos you will be sure to help many people - keep it up!!

[@nomadinthemaking]

I got this theory you need to be able to live (not exist) off 80% of your income the other 20% is for things going wrong. If you can live off 80% of your income you are living within your means 70% well within your means and 50% beneath your means.

[@bimbolaadepoju2388]

Hi, you said to download your book for free but there is a shipping cost attached. I think there is a mistake here because if it's something to download then where does shipping cost comes in? For avoidance of doubt, here is a quote from the site "In this game-changing book, I unlock the secret world of property flipping. And for a fixed time, I am offering you the exclusive opportunity to download it for nothing!"

[@bimbolaadepoju2388]

I must commend your videos and teachings though. They have been awesome and practical. Well done!

[@tobtnosike9433]

I'm enjoy with you fabulous? 🖤