Budget - An estimate of income and expenditure for a set period of time

Budgets give you clarity on where your money is coming in and where it's going out ๐ŸŒŠ

//Thread// Budget Illustration
Print out your monthly statements and figure out where your money is coming in and going out

Mark your expenses as either WANTS or NEEDS. Try to minimize the WANTS as much as possible

Takes some sacrifice but over the long-term, a budget will give you freedom ๐Ÿ’ธ Cash Flow Locations
Some folks like to use spreadsheets using specific budgeting methods such as the 50/30/20 ๐Ÿงฎ

I like using apps, here are some budgeting apps โฌ

- YNAB (@ynab)
- Intuit Mint (@mint)
- Personal Capital (@PersonalCapital)

Pick whichever one suits you best ๐Ÿ˜‰ ImageImageImage
Here are some FREE budgeting spreadsheets, check em out โฌ

It's Your Money Budget Spreadsheets - rb.gy/hkehni

Quick Start Budget (@DaveRamsey) - rb.gy/pvqshg
A budget doesnโ€™t limit freedom, it gives you freedom ๐Ÿ“ˆ

Thnx for reading! I hope you found this valuable โœจ

Give it a retweet if you did ๐Ÿ’•

โ€ข โ€ข โ€ข

Missing some Tweet in this thread? You can try to force a refresh
ใ€€

Keep Current with FF | Financial Freedom โœจ

FF | Financial Freedom โœจ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @idyllicfinance

11 Mar
Here are 3 concepts I've learned from Atomic Habits ๐Ÿ“š

//Mini Thread// Atomic Habits Cover
1. The Power Of 1% ๐Ÿ“ˆ

Big success doesn't mean big action.
Big success means consistent action.

1% Better Each Day ~ This is all you need to improve

Here's a quote that kinda goes well with this โฌ

"Go to bed a little smarter each day."

- Warren Buffett The Power Of 1%
2. Systems > Results โœจ

Goals are the results you want.
Systems are the processes that get you to your results.

Instead of focusing on the goals, focus on the systems.

Envision your desire and create a process that'll get you there. Systems > Goals
Read 5 tweets
22 Jan
Financial Freedom - When you control your finances instead of being controlled by them

Financial Freedom gives you the ability to do WHATEVER YOU WANT ๐Ÿ˜‰

Let's break it down โฌ

//Thread// Anime Money Clip
1. Awareness & Organization ๐Ÿ“„

You need to get your finances organized

Where's your money coming in? Where is it going out? The more awareness of your money the better

A budget is king for this, check out apps like @PersonalCapital and @mint ๐Ÿ“Š Personal Capital LogoIntuit Mint Logo
2. Emergency Fund ๐Ÿ•Š

You should always have at least six months worth of expenses saved up

You never know what life can throw at you, that's why an emergency fund is absolutely essential

Save some cash and put it somewhere easily accessible

DO NOT undermine this step ๐Ÿคฌ Money Illustration
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!