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Count Every Penny: Budgeting Your Way to Financial Independence: Financial Freedom, #238
By Joshua King
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About this ebook
America wants us to be spenders. From when we earn our first paychecks to when we draw social security, they want us to inject all our money into the economy.
There is nothing wrong with spending, but it is a balancing act. A large portion of your income must go to making more income.
Budgeting every penny is the only way to build a portfolio of incoming generating assets. Count everything that enters and exits your household.
The ultimate goal is to spend less than you earn while investing the difference. This will ensure your income continues to grow far faster than inflation. Good Luck!
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Financial Freedom
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Count Every Penny - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
Count Every Penny
All Right Reserved Military Family Investing | 01 Count Every Penny: Budgeting Your Way to Financial Independence
02 Find Happiness Inside of a Budget
03 Is Budget a Bad Word?
04 How to Control Your Spending 104
05 Join Up! Sign Up for the Military
06 How Much Do You Need in an Emergency Fund?
07 Budgeting to Financial Freedom
08 From Dirt to Dividends 1: Gardening & Preferred Shares
09 The Magic of Compounding
10 Earning $1,100/Month in Dividends
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MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
Count Every Penny
Budgeting Your Way to Financial Independence
01 Count Every Penny: Budgeting Your Way to Financial Independence
02 Find Happiness Inside of a Budget
03 Is Budget a Bad Word?
04 How to Control Your Spending 104
05 Join Up! Sign Up for the Military
06 How Much Do You Need in an Emergency Fund?
07 Budgeting to Financial Freedom
08 From Dirt to Dividends 1: Gardening & Preferred Shares
09 The Magic of Compounding
10 Earning $1,100/Month in Dividends
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Count Every Penny: Budgeting Your Way to Financial Independence
Why is it so difficult for us to budget and save? Why do we use scapegoats like inflation, price increases, and wage stagnation to deflect?
The simple fact is that we must count every penny that enters and leaves our homes. That’s the only way we will build wealth and retire early.
But somewhere along the lines, budgeting became a bad word. How dare we control our spending after working so hard to obtain our income?
Think of Preferred Shares as Gift Cards
Rebelling against saving. There is an undercover narrative that speaks to our children about the joys of spending. I am going through it with my 17-year-old son now.
My son has been working for almost a year and has saved $1,000. Every time he receives a paycheck, we discuss how much he will save and his weekly budget.
The goal is to have money remaining in his checking account until he receives his next paycheck. He has been doing quite well in this endeavor.
If he works hard this summer, he will have close to $2,500 saved by the end of September. We have a solid plan for him to join the Air Force once he graduates this year.
Everything seemed good until he told me his plans for October. He said he planned to spend $2,000 for his girlfriend's birthday. WTF?
Renting Rooms to Family Members
Subliminal messaging. You can imagine my wife and I’s surprise at this announcement. Luckily, he has two parents who try to get to the bottom of things.
We asked, What are you trying to achieve by spending this type of money? Do you want her to feel special, or do you feel sorry for her, etc?
He didn’t have a coherent answer, which tells me something else is amiss. I assume
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