REQUEST THE BEST BUDGET EVER
BEST BUDGET EVER
Why is this considered the best budget ever? Because it is one of the only budgets that really help you track what matters most.
Too often people are under the false impression that if they only made more money then they could get ahead financially. It’s been our experience that the obstacles that may keep you from being wealthy are not a lack of income, but in what you are doing with the income you already have available.
Take swimming. The speed at which you move through the water is determined by your power and resistance. Many incorrectly believe that power is the more important of the two. Most of us already possess enough power; it is the inefficient drag we create in the water that is slowing us down.
The progress toward becoming financially independent is no different. Income represents power, and the budget helps you identify your drag. Remove the drag and you almost but can’t help to become wealthier.
The budget is broken down into income, fixed overhead, variable overhead, and then identifying how much money is left over to re-invest into other income producing assets.
Broken down in that manner, it allows you to really focus on where your main points of drag are, and therefore formulate a plan to eliminate them.
Once you have an efficient budget, then and only then will you realize the power of a higher income.
Keeping with tradition at JPStudinger Group, we believe an informed society is an advanced society. Please take advantage of our free resources and tools to help your better manage your finances.
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