You Need a Budget: The Proven System for Breaking the Paycheck to Paycheck Cycle, Getting Out of Debt, and Living the Life You Want

by Jesse Mecham

“Does this move me closer to my goal(s)?” You’re considering the future ramifications of your decision in a very concrete way, and spending becomes about real trade-offs: “If I buy these shoes now, it will take me an extra month to hit my vacation goal.” You’ll quickly find that, when looking at your spending through this lens, you make great decisions!

• You can’t make big progress without big effort.

Giving your kids a modest allowance will help them immediately see that money is a finite resource.

allowance should not be a wage kids receive in exchange for a task accomplished. Chores are separate. They’re something we do around the house because we love one another, and because we want our homes to be well functioning. We do chores as a duty and as an act of joy, love, and commitment to the people with whom we live. I completely agree with this.