What Are The Basics?

I’ve posted about this before. I think it’s always helpful to have things spelled out directly.

What are the basic requirements for your life?

Here is my list:
Required for Job
Housing
Clothing
Food
Medical Care
Sleep
Transportation
Retirement

Notice that “Entertainment” is not on my list. There is a reason for that.

Take the time to read through this list and *think* about how it applies to you. Print it out or write it down.

Now add to it the basic requirements for your life.

Keep this list. You’ll need to refer to it again – at least once a month.

Congratulations. You’ve started a budget.

Leave a Reply