Society & Culture
2022 is here and while everyone else has fitness and weight loss goals we are on another journey. It is time for our money to no longer be funny and this year our financial fitness is just as important as our overall health and wellness. It is time to make it a priority. Join us in this episode as we discuss some basic tips and strategies to ensure that we are budgeting and saving accordingly to obtain and maintain the lifestyle and habits we want for ourselves and ultimately for generations to come.
Remember when setting a budget we should probably consider the following:
1) Net income
2) What we are spending our money on
3) Our overall goal
Mentions in this episode include the 50/30/20 rule as noted in Forbes Magazine.
50% of your net income should go towards all of your monthly bills/expenses
30% of your net income should be set aside for entertainment and activities
20% of your net income should go towards your savings and/or investments
xoxo Gen and Qui
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