Budget Basics Lead to Bliss

The information I am providing is my opinion and not necessarily that of my firm or this platform.  I am only providing general educational information and not any customized investment recommendations. You should consult with your Financial Advisor, Tax Advisor or Attorney on your specific situation. Nothing shall be construed as Financial, Tax or legal advice or recommendations.

 

This episode's guest co-host, Collin Habig, an advisor at LPF Advisors, specializes in making budgeting basics accessible and effective for individuals seeking financial stability. He emphasizes treating a budget as a living document, requiring regular reviews and adjustments to reflect changes in one’s financial situation. Advocating for monthly budget assessments, he believes that tracking income and expenses accurately allows individuals to make informed financial decisions, thereby reducing unnecessary stress. By breaking down complex financial concepts into simple steps and promoting the 50-30-20 rule, he empowers individuals to take control of their finances and pursue their financial goals with confidence.

Here’s what to expect this episode:

• Budgeting is a tool for managing money, tracking income, and expenses to achieve financial goals.

• Setting short-term and long-term financial goals is crucial for attaining stability, peace of mind, and preparing for retirement.

• The Confident Retirement podcast offers valuable information on financial topics to help improve financial literacy.

Connect with Kris Flammang

https://www.lpfadvisors.com/

Learn more about your ad choices. Visit megaphone.fm/adchoices