Budgeting 101: Financial Freedom
Zoriv Kalth
This audiobook is narrated by a digital voice.
From understanding income streams to identifying necessary expenses and strategizing on savings goals, this book serves as a comprehensive guide to mastering budget management. With practical tips, insightful case studies, and interactive exercises, readers will learn how to create a personalized budget that aligns with their financial goals and lifestyle. The book begins by exploring the concept of budgeting and its importance in achieving long-term financial stability. Readers will learn how to assess their current financial situation, set realistic financial goals, and gain control over their spending habits. The importance of tracking expenses, creating a budgeting plan, and developing healthy financial habits is emphasized throughout the book. Additionally, readers will discover strategies for building an emergency fund, managing debt, and saving for the future. Practical tips on setting SMART financial goals, creating a budgeting calendar, and automating savings contributions are provided to help readers stay on track and motivated. Additionally, the book addresses common budgeting challenges and offers strategies for overcoming obstacles and staying motivated on the financial journey. Whether readers are looking to pay off debt, save for a major purchase, or plan for retirement, this book equips them with the tools and knowledge needed to make informed financial decisions and create a secure financial future.
Duration - 1h 37m.
Author - Zoriv Kalth.
Narrator - Digital Voice Madison G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 Mike Whiteside ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. From understanding income streams to identifying necessary expenses and strategizing on savings goals, this book serves as a comprehensive guide to mastering budget management. With practical tips, insightful case studies, and interactive exercises, readers will learn how to create a personalized budget that aligns with their financial goals and lifestyle. The book begins by exploring the concept of budgeting and its importance in achieving long-term financial stability. Readers will learn how to assess their current financial situation, set realistic financial goals, and gain control over their spending habits. The importance of tracking expenses, creating a budgeting plan, and developing healthy financial habits is emphasized throughout the book. Additionally, readers will discover strategies for building an emergency fund, managing debt, and saving for the future. Practical tips on setting SMART financial goals, creating a budgeting calendar, and automating savings contributions are provided to help readers stay on track and motivated. Additionally, the book addresses common budgeting challenges and offers strategies for overcoming obstacles and staying motivated on the financial journey. Whether readers are looking to pay off debt, save for a major purchase, or plan for retirement, this book equips them with the tools and knowledge needed to make informed financial decisions and create a secure financial future. Duration - 1h 37m. Author - Zoriv Kalth. Narrator - Digital Voice Madison G. Published Date - Monday, 20 January 2025. Copyright - © 2025 Mike Whiteside ©.
Language:
English
Chapter 1: Introduction 5
Duration:00:00:01
- Define budgeting and its importance in personal financial management 6
Duration:00:02:20
- Overview of the content covered in the book 9
Duration:00:02:12
Chapter 2: Understanding Income 11
Duration:00:00:02
- Explanation of different sources of income, such as wages, investments, and side hustles 12
Duration:00:02:37
- Tips for maximizing and managing income effectively 15
Duration:00:03:12
Chapter 3: Identifying Expenses 17
Duration:00:00:02
- Classification of different types of expenses, including fixed, variable, and discretionary expenses 18
Duration:00:02:20
- Methods for tracking and reducing expenses 20
Duration:00:03:28
Chapter 4: Creating a Budget 22
Duration:00:00:02
- Steps for setting up a realistic budget based on income and expenses 24
Duration:00:03:38
- Tools and resources for budgeting, such as budgeting apps and worksheets 28
Duration:00:03:24
Chapter 5: Implementing the Budget 31
Duration:00:00:02
- Strategies for sticking to the budget and adjusting it as needed 32
Duration:00:03:12
- Ways to stay motivated and accountable in following the budget 35
Duration:00:02:21
Chapter 6: Emergency Savings 37
Duration:00:00:02
- Importance of building an emergency fund for unexpected expenses 38
Duration:00:03:18
- Tips for saving efficiently and growing a financial cushion 41
Duration:00:04:28
Chapter 7: Long-Term Savings Goals 44
Duration:00:00:02
- Guidance on setting and achieving long-term savings goals, such as retirement or buying a home 45
Duration:00:03:50
- Investment options for growing savings over time 49
Duration:00:02:41
Chapter 8: Debt Management 51
Duration:00:00:01
- Strategies for paying off debts and avoiding debt traps 52
Duration:00:03:20
- Importance of maintaining a healthy credit score 55
Duration:00:03:06
Chapter 9: Establishing Financial Security 57
Duration:00:00:03
- Ways to protect financial assets and secure a stable financial future 58
Duration:00:03:20
- Importance of insurance, estate planning, and retirement planning 61
Duration:00:03:15
Chapter 10: Behavioral Finance 63
Duration:00:00:02
- Exploration of psychological factors that influence financial decisions 64
Duration:00:03:24
- Tips for overcoming common behavioral biases in budgeting and saving 67
Duration:00:03:28
Chapter 11: Financial Wellness 69
Duration:00:00:02
- Holistic approach to financial well-being, including physical, mental, and emotional health 70
Duration:00:02:57
- Ways to balance financial goals with overall wellness 73
Duration:00:05:53
Chapter 12: Achieving Financial Independence 77
Duration:00:00:03
- Steps for reaching financial freedom and living comfortably within means 78
Duration:00:03:36
- Importance of creating passive income streams and diversifying investments 82
Duration:00:03:21
Chapter 13: Advancing Financial Literacy 84
Duration:00:00:03
- Resources for further educating oneself on personal finance topics 85
Duration:00:03:34
- Strategies for continuous learning and improvement in financial knowledge 88
Duration:00:03:51
Chapter 14: Financial Empowerment 91
Duration:00:00:02
- Importance of taking control of one's finances and building financial confidence 92
Duration:00:02:16
- Ways to empower oneself and inspire others to take charge of their financial futures 94
Duration:00:03:23
Chapter 15: Conclusion 96
Duration:00:00:01
- Summary of key takeaways from the book 98
Duration:00:02:38
- Encouragement for readers to embrace budgeting basics and achieve financial success 101
Duration:00:02:51