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BUDGET TIPS Before you get started investing, make sure you've got your personal finances in order.
The first part of that is making your budget.
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1. Get Organized
Get all of your financial statements together:
- Bank Statements
- Bills/Utilities Statements
- Tax Documents
- Mortgage/Loan Statements
Any document that provides info on your money is important.
Get all of your financial statements together:
- Bank Statements
- Bills/Utilities Statements
- Tax Documents
- Mortgage/Loan Statements
Any document that provides info on your money is important.
2. Calculate Your Income 
Add up all of your household income.
- Job
- Commissions
- Affiliate Sales
- Gumroad Sales
- Odd Jobs
Whatever it is, add it up as accurately as possible.
If you have inconsistent income, just calculate an average.
Add up all of your household income.
- Job
- Commissions
- Affiliate Sales
- Gumroad Sales
- Odd Jobs
Whatever it is, add it up as accurately as possible.
If you have inconsistent income, just calculate an average.
3. Calculate Your Monthly Expenses 
Use your bank statements to organize your expenses.
Plan ahead for extraordinary expenses and work them into your monthly budget.
Be honest about what your expenses.
You do yourself no favors by lying about your spending.
Use your bank statements to organize your expenses.
Plan ahead for extraordinary expenses and work them into your monthly budget.
Be honest about what your expenses.
You do yourself no favors by lying about your spending.
4. Add It All Up 
Now is when we do simple math.
Add up all your income and subtract all of your expenses.
At this point, hopefully you end up with a positive number.
If not, you either need to adjust your expenses or increase your income!
Now is when we do simple math.
Add up all your income and subtract all of your expenses.
At this point, hopefully you end up with a positive number.
If not, you either need to adjust your expenses or increase your income!
5. What To Do With The Excess 
If you've got extra money sitting around at the end of your budget, consider investing it.
Even a small amount can go a long way.
Put as much away as often as you can.
If you've got extra money sitting around at the end of your budget, consider investing it.
Even a small amount can go a long way.
Put as much away as often as you can.
If you're not sure where to start on that journey...
You could spend $5 of it on my eBook "Baby Steps to Investing."
It's a beginner's guide that will have you confident in your ability to start investing.
GET IT HERE https://gum.co/djWbi
You could spend $5 of it on my eBook "Baby Steps to Investing."
It's a beginner's guide that will have you confident in your ability to start investing.
GET IT HERE https://gum.co/djWbi
