4.8 • 3.6K Ratings
🗓️ 4 December 2024
⏱️ 10 minutes
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0:00.0 | Hey, you guys, Cyber Monday deals are here. So shop meaningful Christmas gifts that won't bust your budget right now at Ramsey Solutions.com slash store. |
0:15.6 | Well, hey, you guys, if you're a regular around here, then you know that I talk a lot about budgeting when it comes to building wealth, because it's one of those essential steps that you really have to take to start that wealth building journey. |
0:27.9 | But if you're newer to my channel, then you may need a little bit of a handholding while you build your first budget. |
0:34.6 | Because listen, budgeting, it can be really simple, but it's also nice |
0:38.6 | to have that step-by-step support when you are developing a new habit for the first time. |
0:43.1 | So that's what we're going to do today. |
0:45.2 | I'm going to share how to create your first budget in five simple steps. |
0:50.1 | And if you have been budgeting, still stick around because I think it's so important |
0:53.6 | to rehear some of this because you could have lost one or two steps in the process. |
0:58.3 | And also make sure that you subscribe so you don't miss any content coming in the future. |
1:04.2 | All right. First, I want to be very transparent with you. |
1:07.4 | There was a brief time that I did not like budgeting. Yeah. Budgeting was probably the |
1:12.9 | hardest part of this whole financial journey, if you will, for me to get on board with and |
1:18.2 | actually see and enjoy it because I'm such a spender. I'm such a free spirit. And it always felt |
1:25.1 | like this like lots of details. It felt like, oh my gosh, |
1:28.9 | you can't have any fun. You can't go shopping. You have to say no to everything. The word budget |
1:33.1 | almost became a cuss word. And what I realized, though, when I was actually on a trip with Winston |
1:38.9 | and he was like, don't worry about the budget. I can take care of everything on this trip. You just |
1:42.7 | enjoy. That you would have thought would have given me such freedom. But at that point, we had been budgeting |
1:47.4 | pretty consistently for a few years. And the one time that I was told, don't worry about it, |
1:52.1 | you can just fly and be free. I actually found that it wasn't free. It was actually more stressful |
1:57.1 | not to have a budget. So now I am a firm believer. I love a budget because a budget |
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