What do cookies and budgeting have in common? Jeff Ehrlich of The Debt Free Squad breaks down the basics of budgeting using everyone’s favorite sweet treats! While your expense percentages may differ, you want to get all your expenses down on paper. Your challenge, should you choose to accept it, will be the following:
1. Start recording all expenses
2. Use cash for expenses like eating out, shopping, or movies
3. Right down income & expenses
4. Assign dollar amounts to all categories
5. Stop borrowing
What will be the most challenging task this week?