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RE: Balance between Income and Expense

in LeoFinance4 months ago

This is great information in how to handle your own finances.....I was blessed to have parents who taught me the importance of handling money the right way & how to budget.

Now, of course, I still made mistakes as I got older, but I can say I have no debt & trying to keep my budget balance without severe restriction. It's more about being conscious of where your money goes & not to overdo it. I really love the book Total Money Makeover by Dave Ramsey. It really helped me reset my thinking on handling money.

And I agree with @ph1102, they should teach this in schools so kids would have the right foundation going out in the world. It effects so many things. Thanks for this great post & keep up the awesome work :)

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Yes, this should be thought of in school. I was also fortunate enough to learn this from my parents. The first initiation happened when they bought me a piggy bank. That is when I started doing my first savings. 🙂 Thanks for your comments !BEER !Cheers

Omg I remember my piggy bank :) It was an exciting thing at that age, too - my own personal bank hahah. Great memories :) Thanks for the beer! Always appreciated 💚

Yes having a piggy bank is so exciting especially at that age. That's why I also think that kids should never miss it. 🙂


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