By Mark Ford Editor’s Note: Millions of folks have had their lives disrupted by the coronavirus crisis. And anytime your financial situation changes – whether due to this crisis or when you retire, for example – it’s crucial to reexamine your priorities when it comes to your money and spending. Below, Mark has a few simple steps to help anyone stay on target with their wealth-building goals.
Most people don’t manage their income. They bank it and spend it. This is obviously crazy.
Some people do try to manage their income by budgeting. This typically means that you look at what your income is likely …read more