Mad Money Budget- 3/27/19

In the talk show Dave Ramsey is trying to convey that having to much mad money is a sign of poor budgeting and that you should go back to the drawing board. Too much mad money or free money if you will will cause you to spend to much in random places and you'll be wasting it. It is okay to have $50 in "mad money" but anymore than that means you need to be more specific with your money categories\sections of your budget.

Comments

Post a Comment

Popular posts from this blog

Debt 2.2(drive free method)

Explain how the "drive free" method of buying a car works? So instead of buying a new car you pay yourself 475 car payment for 10 months and you'll have enough to buy a used car and that just keeps multiplying until your rich and you never have a car payment again. Write an "I believe" statement regarding car loans? I believe that car loan are a bad idea and it's going to be really hard to avoid a car loan but if I budget and have discipline then I should be fine
Read more

2.1

1. Imagine if your reality at age 24 was that you were $70,000 in debt but your income was only $30,000. Write down some words describing how you might feel. I would feel really stressed and not want to go on with life
Read more

2/7/19

real estate is property consisting of land and buildings . real estate is a good investment because you can have just sit their and it will gain value over time and you don't have to do anything and land is always gonna be more expensive in certain areas of the world
Read more