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Wealthy After 40: Personal Finance, Financial Freedom, Debt Payoff, and Retirement Savings for Gen Xers
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Ep 66 Why Budgeting Isn’t Enough And What You're Leaving Out
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In this episode, I discuss the common frustrations of budgeting and why so many individuals who are budgeting are not seeing success. While budgets are essential for outlining expenses and needs, they are not the action-oriented piece that drives financial progress. Listen to the episode to understand a budget’s purpose and what action pieces need to be implemented to see success on your money journey.
00:00 Is Your Budget Failing You?
01:47 The Role of a Budget in Financial Planning
04:28 The Missing Pieces
05:48 Adapting to Modern Financial Management
11:40 Implementing the Cash Flow Success Method
14:48 Achieving Financial Stability
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