The Mindfully Rich Podcast

Conversation #73 Is Money Management More Important Than Making Money Episode?

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September 29, 2021 12:00pm

18m

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People know how to make money, but chances are, they probably don't know how to manage nor keep it.  For example, have you ever ran through your paycheck after getting paid?   Or maybe you've spent too much money in a month because you didn't have a budget.  Both examples are a sign that you need a money management plan.  

Recently I saw a tweet on #Twitter that said, "Money management is more important than making money!"  Now while I don't disagree with this statement, I do believe it deserves more context.  Money management is super important mainly because it creates balance in your finances.  It also gives you a better understanding of where you're spending your money. Now making money doesn't equate to keeping the money because the only way to keep money is to have a money management plan.  

Get into this episode, because I got ALOT to say on this topic!

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