Budgeting Basics: A Simple Guide for Beginners
Walton Arnold
This audiobook is narrated by a digital voice.
The book provides practical tips and strategies to help individuals create and stick to a budget, regardless of their income level. From setting financial goals to tracking expenses and finding ways to save money, this guide covers all the fundamentals needed to take control of your financial health. With easy-to-understand explanations and actionable steps, readers can start implementing these budgeting techniques right away and see real results in their bank accounts. Whether you're looking to get out of debt, save for a major purchase, or simply gain a better understanding of your finances, this book has got you covered. Whether you are a young adult just starting out in the workforce or someone who has never paid much attention to their finances before, Budgeting Basicsbreaks down the complex world of budgeting into simple and manageable steps. By focusing on the basics, readers can build a strong foundation for financial success and develop healthy money management habits that will last a lifetime. The book also includes real-life examples and stories to illustrate the effectiveness of the budgeting techniques presented, making it relatable and engaging for readers of all backgrounds.
Duration - 2h 13m.
Author - Walton Arnold.
Narrator - Digital Voice Anya G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 Edward Lim ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. The book provides practical tips and strategies to help individuals create and stick to a budget, regardless of their income level. From setting financial goals to tracking expenses and finding ways to save money, this guide covers all the fundamentals needed to take control of your financial health. With easy-to-understand explanations and actionable steps, readers can start implementing these budgeting techniques right away and see real results in their bank accounts. Whether you're looking to get out of debt, save for a major purchase, or simply gain a better understanding of your finances, this book has got you covered. Whether you are a young adult just starting out in the workforce or someone who has never paid much attention to their finances before, Budgeting Basicsbreaks down the complex world of budgeting into simple and manageable steps. By focusing on the basics, readers can build a strong foundation for financial success and develop healthy money management habits that will last a lifetime. The book also includes real-life examples and stories to illustrate the effectiveness of the budgeting techniques presented, making it relatable and engaging for readers of all backgrounds. Duration - 2h 13m. Author - Walton Arnold. Narrator - Digital Voice Anya G. Published Date - Monday, 20 January 2025. Copyright - © 2025 Edward Lim ©.
Language:
English
- Overview and importance of budgeting 6
Duration:00:03:01
- Benefits of budgeting for beginners 9
Duration:00:03:11
- Setting financial goals 12
Duration:00:02:26
Chapter 2: Understanding your income 14
Duration:00:00:02
- Sources of income 15
Duration:00:02:11
- Differentiating between fixed and variable income 17
Duration:00:02:42
- Calculating your total monthly income 20
Duration:00:02:30
Chapter 3: Tracking your expenses 22
Duration:00:00:02
- Categorizing expenses 23
Duration:00:03:28
- Developing a system for tracking expenses 26
Duration:00:02:57
- Identifying areas of overspending 29
Duration:00:02:57
Chapter 4: Creating a budget 31
Duration:00:00:02
- Different budgeting methods 32
Duration:00:02:38
- Setting up a budgeting template 35
Duration:00:03:46
- Allocating funds for essentials and non-essentials 38
Duration:00:02:53
Chapter 5: Sticking to your budget 40
Duration:00:00:02
- Strategies for staying on track 41
Duration:00:03:03
- Overcoming budgeting challenges 44
Duration:00:02:44
- Revising and adjusting your budget as needed 47
Duration:00:03:47
Chapter 6: Building an emergency fund 50
Duration:00:00:02
- Importance of emergency savings 51
Duration:00:02:40
- Steps to start building an emergency fund 54
Duration:00:03:42
- Tips for growing and maintaining your emergency savings 58
Duration:00:03:05
Chapter 7: Managing debt 60
Duration:00:00:01
- Understanding different types of debt 61
Duration:00:04:51
- Creating a plan to pay off debt 66
Duration:00:03:50
- Preventing future debt through budgeting 70
Duration:00:02:59
Chapter 8: Investing and saving for the future 72
Duration:00:00:02
- Introduction to investing 73
Duration:00:01:51
- Different investment options for beginners 75
Duration:00:03:55
- Setting financial goals for future savings 78
Duration:00:02:53
Chapter 9: Budgeting for special occasions and unexpected expenses 80
Duration:00:00:04
- Planning for holidays, birthdays, and other special events 81
Duration:00:03:00
- Strategies for handling unexpected expenses 84
Duration:00:03:34
- Incorporating these expenses into your budget 87
Duration:00:02:08
Chapter 10: Automating your finances 89
Duration:00:00:02
- Benefits of automating bill payments and savings 90
Duration:00:02:54
- Tools and resources for automating your finances 93
Duration:00:03:14
- Best practices for using automation effectively 96
Duration:00:02:55
Chapter 11: Tracking your progress 98
Duration:00:00:02
- Monitoring your finances over time 99
Duration:00:03:20
- Celebrating financial milestones 102
Duration:00:02:52
- Reflecting on lessons learned 105
Duration:00:02:17
Chapter 12: Building wealth and financial independence 107
Duration:00:00:03
- Strategies for long-term financial success 108
Duration:00:03:01
- Planning for retirement 111
Duration:00:03:05
- Achieving financial independence through budgeting 114
Duration:00:03:16
Chapter 13: Creating a legacy 116
Duration:00:00:02
- Passing down financial knowledge to future generations 117
Duration:00:02:41
- Making charitable donations and giving back 120
Duration:00:02:44
- Ensuring a secure financial future for your loved ones 123
Duration:00:03:00
Chapter 14: Overcoming common budgeting struggles 125
Duration:00:00:03
- Addressing common setbacks in budgeting 126
Duration:00:03:24
- Finding motivation to stick to a budget 129
Duration:00:02:56
- Seeking support and advice when needed 132
Duration:00:02:46
Chapter 15: Conclusion 134
Duration:00:00:01
- Final thoughts on budgeting for beginners 135
Duration:00:02:35
- Encouragement to continue on your financial journey 138
Duration:00:03:10