Money Myth 1: I Don’t Make Enough Money to Budget
Do you have a budget? It’s an essential first step to living with financial freedom.
But I often hear this excuse from those who struggle to make ends meet: I don’t make enough money to have a budget!
This is a money myth! I tell people all the time: You don’t make enough money not to have a budget!! Of course, you may need some extra income but whether you make a lot or a little.
A budget is your plan to get out of debt, start saving and give generously. If you’re just living paycheck to paycheck, hoping that you have enough money at the end of the month, you’re never going to make progress.
The Bible encourages us to plan and be disciplined to follow a budget. So if you need to make one, download our easy to use guide for free at crown.org/money