Financial Literacy Month: Budgets don’t work.Here’s why you need a spending plan

Budgets don’t work.

Here’s why you need a spending plan

There are 3 main reasons why people do not like budgeting:

1. They can be complicated so people don’t like to use them

2. They take time to see results

3. They are not fun

Pro tip: you can't budget your way to wealth, investing is the key to this (stay tuned for top investing tips during next weeks FREE money webinar!)

The answer to the dreaded budget is a spending plan.

This is a simple and digital guide that allocates your spending in 4 key categories.

1. Saving (Paying your self first)

2. Essentials (Food, mortgage, utility bills, etc.)

3. Paying off debt

4. FUN!

Check out Bacon & Heels (www.BaconHeels.com) to get the FREE Savings Plan calculator and start really hitting your financial goals today!

Join us on Tuesday Nov 22, 2022 at 9am PT/12pm ET for a Financial Literacy Webinar where we will cover 5 smart money moves (from saving & budgeting to retirement) and help you gain financial confidence in an interactive, fun, and non-intimidating way.

To learn more about Beverly and Bacon & Heels, read the "Power 5" interview that we did with her in September 2021 - you can read the full blog post HERE.

Thank you for your contribution Beverly!

Contributed article by Beverly Wilks, tech marketing executive, financial literacy champion and blogger at Bacon & Heels.