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This Simple Budgeting Hack Changed Everything for Me #shorts

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Chaim Ekstein | Git Gelt Podcast avatar
Chaim Ekstein | Git Gelt Podcast

Transcript

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strategy that most people do for budgeting with a strategy that doesn't work the formula I came up is is pi p i s poor person's formula for budgeting so we start with the p p is the is is poor meaning poor people first of all they take their I their income and then they subtract their e which is their expenses and then they left with savings the S what wise people do rearrange the letters and we going to call that wise the W is the wealth because wealthy people successful people wealthy people what what do they do they take the I which is the income and then they subtract their savings which is the first expense is savings and then whatever is left goes for E for expenses [Music]