“A debt problem is, at its core, a budgeting problem.” -Natalie Pace
Lazy men are soon poor; hard workers get rich. -Proverbs 10:4
Less than 40% of Americans would be able to cover an unexpected expense of $1,000 with cash.
When it comes to budgeting, you need to be prepared for the worst to happen.
The whole point of a budget is not to restrict what you spend, but to allow yourself to spend money without guilt, regret, or stress.
A goal without a plan is just a wish.
The wise man saves for the future, but the foolish man spends whatever he gets. -Proverbs 21:20 (Living Bible)
Student debt is a major, major problem today. There are 44.7 million Americans that have student loan debt. The average amount that people have in student loans is $32,731 with an average monthly payment of $393.
Is a budget really necessary? Yes, and here’s why:
The word “disinterest” is actually too mild to describe my feelings toward paying interest. Quite frankly, I really hate paying interest. On anything! Mortgages, auto loans, credit cards, anything! Paying interest, in my opinion, is a complete waste of net worth.