Page 8 - Financial Workbook
P. 8
Fact or Fiction?
To solve your financial questions and reach your goals, you must separate fact from fiction.
We may think we spend $100.00 eating out, but our account shows we actually spent $500.00 on eating out last month.
You will begin by gathering the facts of what you spend by utilizing a quick and easy process with an Excel spreadsheet. Once you know what your income and expenses are, then you will set a long-term spending plan.
In the “A Spending Plan to Live By” chapter we will help you find the right tool to manage your finances in an ongoing basis.
• Quicken
• Mvelopes
• You Need a Budget (YNAB)
• Every Dollar
• Spreadsheets
• Paper and Pencil
• Envelopes (the paper kind)
Remember, you want facts, not fiction!
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