@raemichelleplanners: Your budget needs these 8 sections, in order👇🏽 1. Expenses: fixed and variable (fixed are bills/those with a due date and variable are those that change month to month like groceries and dining out) 2. Emergency Fund Contribution (check out my EF 101 video a few reels back for details on this savings effort) 3. Extra debt payments: crush high-interest debt as fast as you can 4. Investing 5. Saving (4 & 5 may flip from time to time and that’s okay) 6. Investing for your family/Giving 7. Fulfillment Portfolio™️ at the family level (date night, renovating the kitchen) 8. Fulfillment Portfolio™️ at the individual level (hobbies, gifts for friends, etc.) —————- Budgeting should not involve guesswork. The 8-Part Budget™️ is comprehensive, value-based budgeting done RIGHT. I have this system to thank for taking us from negative 5-figure net worths to being on track to retire by 45. And you can do it, too! #budgettemplate #budgetspreadsheet #budgetingforbeginners

Rae Michelle Planners

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Sunday 13 October 2024 11:21:30 GMT