Thursday, January 3, 2019

You Need to Create a Budget

A few days ago I spoke with a friend who was in financial trouble. You probably have such a friend too. It never ceases to amaze me that some people are so careless with their economic situation. WHY must they be in dire trouble before they realize things need to change?

In a world where online loans are given far beyond what any banker would consider safe, people end up as slaves of their poor economy. This is SO tragic and really destroys families out there.

I do get mad at this disregard for people's economy.

Even though it is obviously people's own responsibility to say no and begin creating a budget, we all know this doesn't happen. It's one of the reasons why I - and other bloggers - try to alert people to the danger of indebting yourself. You must begin showing financial stewardship.

Even just a basic spreadsheet can give you an overview of your economy.

Try setting up such a spreadsheet. You can use the free office-suite OpenOffice to get such a spreadsheet if you don't have one yet, and then you can try to see what the reality of your economy is.

It has been said that the worse your economy is, the more you need a budget. This is so true! :-)

Get involved. Get started. Read some of my articles and begin the journey back to positive figures at the bottom when you deduct expenses from your income.

You CAN succeed - and I am cheering for you! :-)

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