It’s Only 6th Grade Math…

Whenever I bring up the idea of building wealth and understanding finances on paper, I tell people that it isn’t rocket science and all you need is basic elementary math to comprehend how it works. And it all begins with creating a budget. In its simplest form, you add up your inputs (income & assets) and subtract your outputs (debt & expenditures) to formulate your budget. So, if it is this straightforward, why aren’t people taking the time to construct their budget and manage their financial situation? Unfortunately, it’s not about knowing; it’s about taking action! What are the roadblocks in your life that prevent you from creating a budget? Are you that busy? Do you feel embarrassed about writing down your budget? Are you scared of realizing how much you spend monthly on wants instead of needs? Are you afraid of having difficult conversations with your spouse about actual numbers? If you are embarking on a journey to build wealth, start by praying first about stewardship and seek God’s guidance. What is preventing me from doing this simple task? Reveal the barriers in your heart and challenge yourself to make that one simple change. Create your budget today!

-HC