All financial successful households understand this prime truth:
It’s not about the income. It’s about the spending.
No matter how much money you earn, you can spend it all in a matter of hours or days or weeks. Just ask the large percentage of mega lottery winners who end up back where they began financially (or worse) within a matter of one or two years.
Complete the following lessons to learn more about the relationship between financial success and expense planning (aka budgeting).