Why I QUIT budgeting and what I now use instead.

After losing $10,000 to mainstream finance advice I've stopped budgeting for good. Now I simply track my cashflow with this easy to use Google Sheet Template.

When I first started working I followed the traditional mainstream finance advice. Make a budget, stop looking at your budget, accumulate debt, and wonder where all your money went.

After accumulating $10,000 of debt I had to take a serious look at why budgeting was failing me. Turns our 86% of people quit their budget within a month of starting! So why does major banks and finance keep pushing people to have a budget?

As it turns out I only needed to know a few key performance indicators to measure my personal finances:
- Income
- Expenses
- Savings rate (the difference between the 2)

That's why I quit budgeting and started using an automated cashflow tracker. I spend less than 15 minutes a month updating my cashflow template and you can get my free guide and Google sheet template for yourself!

My IG:
@MoneyWithMark

TikTok:
@MoneyWithMark

#googlesheetsbudgettemplate #googlesheets #budgettemplate #budgeting #cashflow

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*This video is not investment, financial, or legal advice. It may be incorrect, outdated, inaccurate, or reflect personal opinions. This video is for entertainment purposes only.

[CanuckDividends]

Well the price is right for this Google Sheets template. I will give it a try. Thanks for sharing