Today, let’s talk about the two most important financial habits you can build as a single adult, so you can truly master your money.
Imagine… by the end of our lesson today, you’ll be a more successful single adult with regards to your money, all because you learned two very important money habits, and the distinct reasons why those money habits are so critical.
Right now, we’re in the fourth paragraph on Page 37, under the title ‘Budget And Buddies’, in Chapter 2 of Dave Ramsey’s Complete Guide to Money.
And here’s my lesson for the day:
The two most important money habits for you as a single adult, at any age, are to, 1) create a monthly written budget, and 2) find an accountability partner.
The most important habit is to “have a monthly written budget”
As a single adult, each time you get your paycheck, you feel in control. You get to make decisions on how you spend that money.
Which feels very good at first, until you realize that the control’s making you struggle with your financial life. You’re always fighting that inner battle within you to buy X item or not buy Y stuff.
In other words, the control you have over your money has become a curse.… CONTINUE READING