Many people want to put off budgeting, complaining about how boring or depressing it is.
What many don’t consider are the gains granted from understanding your spending habits.
In this episode, Michael Labos discusses the importance of creating a budget, understanding your financial goals and avoiding lifestyle drift. He reveals the wasted financial opportunities through unnecessary spending and unused subscriptions, diving into control and monetary gains from creating a budget.
Michael discusses:
- The importance of understanding what you will be spending in retirement
- The different types of budgets
- How taking control of the budget saves money
- Why budgeting is important for financial and retirement planning
- And more!
Resources:
Connect with Michael Labos:
Podcast: Play in new window | Download | Embed