Does the idea of a personal spending analysis make you want to head for the hills? How do you do a spending analysis as well as perfect the art of budgeting for beginners this 2020? How can you save money and go from employee to entrepreneur? Whether you're paid weekly or biweekly, you'll need a solid set of money advice for 18 year olds and beyond to help you make the most of any personal finance crash course out there - and it all begins with a money mindset shift.
In this video, John Ross from Finance on a Budget talks about how how to analyze monthly expenses and other practical money advice for young people in the simplest and most fuss-free way possible, from making your own money skills budget worksheet to learning how micro expenses add up over time. By the end of this video, you will have a clearer and more organized way of knowing where your hard-earned money goes so you can manage your finances with ease.
0:00 Analyze Monthly Expenses
0:22 Gather Your Thoughts
2:49 Gather Your Data To Set Financial Goals
3:57 Record Your Data
6:22 Categorize To Make Clear Goals
8:58 Analyze Your Income Sources