How to Budget Your Money in 2025 - The 70/15/15 Method

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Building a budget is one of the most hated financial tasks you face. Unfortunately, it is the cornerstone of your financial plan. Once you have your budget under control, you can start building towards your financial freedom.

Important Parts
00:00 - Intro
01:44 - Why You Need to Have a Budget
03:08 - Why Other Budgeting Methods Do Not Work
05:07 - The 70/15/15 Method
06:20 - Needs vs. Wants
07:23 - Lifestyle Creep
08:31 - How Should You Save Your Money?
10:17 - Getting a Grip on Your Money
11:23 - 70/15/15 Example
12:10 - Ways to Reduce Your Expenses
14:40 - Conclusion

#money #finance #budget #financialfreedom

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FinancialWellnessPlanning
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I think it is better to pay off debt first and then focus on investing.

azeemsiddiqui
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