26: Budgeting

BudgetingDo you cringe when someone mentions budgeting? When I hear that word, I think of deprivation; like counting calories on a diet. I know you may not want to deal with this, and you’re even considering just skipping this episode altogether. But stay with me here because what I’m sharing today is a simple way to improve the health of your finances forever.

Perhaps you’re thinking you’d rather learn how to invest and build wealth that way, so budgeting is not even necessary. However, treating this subject seriously has transformed my finances and given me more freedom. By the end of this episode, you’ll not only be convinced that managing your cash flow and having a spending plan that you truly love is a critical part of building wealth, but you’ll actually want to do it.

Tune in this week to discover my simple 4-step process for analyzing your finances and implementing a spending plan that actually creates wealth while being easy to stick to. I’m sharing my beliefs and philosophies on budgeting, and how I see people missing out on opportunities to build wealth because they dislike the idea of a spending plan.

If you’re ready to take control of your money and practice medicine on your terms, you need to check out Money for Women Physicians. Click here to learn more!

What You’ll Learn from this Episode:

  • Where I believe most anxiety around money stems from.
  • Why it’s so important to be clear on how much money we have and where it’s going.
  • The ways people try to avoid budgeting, and why they don’t work.
  • Why I believe paying yourself first should be your number-one priority.
  • My simple 4-step process for analyzing your cash flow and implementing a spending plan.

Listen to the Full Episode:

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