Create a budget and stick to it from "summary" of The Automatic Millionaire, Expanded and Updated by David Bach
To become wealthy, you must take control of your spending. Creating a budget is essential. A budget is simply a plan for your money, telling it where to go instead of wondering where it went. Start by tracking your expenses for a month. This will show you exactly where your money is going. Without a budget, you are likely to overspend on things that don't matter and have little left for things that do. Once you have a clear picture of your spending habits, it's time to create a budget. Start by listing all your monthly income sources. This includes your salary, any bonuses, and any other sources of income. Next, list all your fixed expenses such as rent, utilities, and car payments. These are expenses that do not change much from month to month. Subtract your fixed expenses from your income to see how much you have left. After accounting for your fixed expenses, it's time to consider your variable expens...
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