Money Wellness Wednesday - 4 Walls

Photo Credit: smartycents.com

4 Walls

In order to get started with a healthy budget, Chris Hogan has this advice regarding the 4 Walls:

"By maintaining the 4 Walls, you stabilize your situation so you can begin to find margin in your budget. These are your basic necessities:

Food

Utilities

Shelter

Transportation

Take care of the 4 Walls before you budget anything else."

I hear a lot of reasons why budgets don't work or why debt cannot be paid off. But often the problem is, we are trying to keep a lot of the expenses that are not really the basic necessities. We just want to keep having them, like a gardener to mow the lawn, or cable tv.

But, if you want to get financially healthy, if you are tired of running out of money before month, if you are tired of paying credit cards and not making a dent in the balance, you will start to take a hard look at where your money is going and "stabilize the situation" by starting with the 4 walls first.

You can master your money... and I can help!  

Contact Michelle Serna by filling out the Contact Me form