#50 - Personal Finance / Tracking your Income and Expenses / What I've Learned

Building Strength

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5+ y ago 41:16

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In this episode, I share what I’ve learned through the process of tracking my income and expenses and WHY I think it is so important to face your finances head on. I also share HOW I track my expenses on a daily, monthly and yearly basis. I know that it can be uncomfortable to talk about money but it needs to be done! I know, I know, money isn’t everything. It’s really not. BUT, it is a pretty big part of our lives. I think it is important to face your financial situation head on. From a young age, I’ve always been aware of the importance of money and how important it is to know where your money is going.

Show Timestamps:

4:00 - What I’ve learned from tracking my income and expenses

8:00 - Do you know where your money is going?

13:00 - Do your expenses match your goals?

22:00 - Pay yourself FIRST

30:00 - Face your finances head on

Important Links from this Episode:

Building Strength #22 - Personal Finances and Getting your Money RIGHT - https://bit.ly/2skMRX4

The Wealthy Barber Returns by David Chilton - https://amzn.to/2FhPO2S

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#Fitness #Theodore Lim #I Talk