A Better Way to Budget: Net Max Plan Live Review
We all hate the B word, but today Lawrence and Alainta discussed the foundational process of budget planning while reviewing his net max plan budget sheet (Yes, it’s a tongue twister, LOL).
If you are brand new to the lingo, a budget is simply a plan on how you will use the money coming in, in contrast to the money going out. While most Americans will use the word spend; we will call it ‘use’ since the goal is to do way more with every dollar you earn. As a bonus, making an effective budget can help you not to run out of money each month.
Unfortunately, Only 32% of U.S. households prepare a monthly budget.
Additionally, the goal of your financial plan is to help you save money for your goals or for emergencies, and invest in your future. With over 64 percent of Americans living paycheck to debt and as America reaches another debt ceiling, you would think that this topic would be top of mind. Strap in for a workshop that helps you design a plan that maximizes your time and effort.
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About us since we do a lot of stuff:
The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. We tell the stories that others don’t. Stories about growth, opportunity, and embracing changes. Beyond that, we talk about Finances. Specifically, how to become Financially literate, incorporate actionable steps, and ultimately build generational wealth.
Can you imagine being a Millionaire in 20 years or less? Yeah, it’s possible. 80% of millionaires are the first generation. That means they didn’t come from wealth. We teach you how.
Despite life circumstances and difficulties, the hosts were able to amass over $3 Million in wealth in about 9 years and are on track to retire early. If you want the secrets; we will gladly share them since the opportunity is abundant and Win-Win.
Subscribe and share the podcast with a friend.
Beyond a Budget, Connect with the TFG Crew Hosts on Instagram
- Alainta Alcin – Blogger, Travel and Money Enthusiast @alainta_alcin
- Lovely Merdelus – Entrepreneur and Small Business Growth Specialist @lovelymerdelus
- Lawrence Delva-Gonzalez – Federal Auditor, Blogger, and Tax Specialist @theneighborhoodfinanceguy
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