Why Most Men Are Broke (No Matter How Much They Make)
It can be hard to talk about financial freedom. Most men don’t like talking about money. It stresses them out! Some men leave all that to their wives; they say, “I make the money, and she spends it!” as if that’s a good thing!
Men: you need to handle your finances. The simple fact is: if you’re not intentionally managing your money, then you will never reach financial freedom.
The good news is that the reverse is also true:
If you learn to manage your money wisely, you can build the wealth and abundance you’ve always dreamed of.
Financial Freedom Starts With Money Management
So let me ask you: are you managing your money wisely? If you don’t know the answer to that, then here’s how you can find out:
- Pint out your last bank statement
- Highlight all the unnecessary wants
- Add it up!
If the result surprises you, then I’m glad you’re here!
In this post I’m going to show you how you can go from stressing out about money; from overspending, and under-saving, to feeling like you’re already sitting pool-side with a cold drink in your hand!
I’m going to teach you how to reach financial freedom. Then I’m going to give you a free resource that’s going to help you do just that!
Are you ready?
Taking the First 3 Steps Towards Financial Freedom
In our last post, 3 Tips to The Wealth You Always Wanted we talked about the importance of Financial Education. Now we’re going to talk about putting that into action!
Step 1: Give and Save
This is what I want you to do: donate to charity and save before you pay anything else. It’s one of the most powerful things you can do!
Most men want to save money; they want to donate to a good cause. Few do. Why? Because living expenses expand over time…
They eat out a little more than they should, they spend a little more on entertainment than they should, and so on. By the time they get around to giving to charity or building their future, there’s nothing left!
By giving to charity first, and then investing in your future, you are ensuring that those needs are met before you begin justifying another fast-food run.
Step 2: Create Your Budget
If you’re like most men I know, then you probably cringe when they hear the word “budget”. You probably think: ““It takes too much time, I can just do it in my head anyway!” or maybe: ““That’s too much work! I don’t want to do all that!”
Let me be blunt:
Making and sticking to a budget is the single most powerful thing you can do for your finances.
Now, if you’ve never made a budget before and you need some help, check out our Free eBook: “Building Your Financial Foundations.” Click the button below to get the ebook, It has examples and walks you through everything we talk about here!
That brings us to Step 3…
Step 3: Stick To Your Budget
Sticking to your budget is probably the hardest part. When you’re trying to stick to your budget, you will be tempted to break it. In the moment, you will feel completely justified. Afterall, you’re hungry and tired, and you really don’t want to cook tonight.
Don’t fall for it!
It’s easy to justify a little extra spending here or there, and before you know it, you’re 3 months behind on your power bill! Don’t let that be you!
Honor yourself and respect the process. Stick to your budget.
What Comes Next: Going Forward
So, you’ve taken those steps: you’re donating to charity, and you’re paying yourself before anything else. You have a budget and you stick to it.
Congratulations!
Change – any change – takes courage! And, believe it or not, you’re doing more than most men! You’re on your way to financial freedom!
But what’s next?
Below you can download our Free eBook: “Building Your Financial Foundations. Our Free eBook: “Building Your Financial Foundations.”
That eBook contains all of this; all the stuff that’s too long to put into a simple blog post! We’re going to teach you how to break free of the paycheck-to-paycheck grind! You’re going to learn:
- How to make a budget – we give you a template and walk you through it!
- The sneaky method that Credit Card companies use to keep you in debt! (And how you can out-smart the system)
- How to build “financial resilience” – how long could you survive if you got laid off?
- How managing your finances now will create financial security in the future
- How you can go from living paycheck-to-paycheck to changing – not only your life – but the lives of those around you
Before you download it, let me tell you: the system works.
If you follow these steps and the steps in the eBook, you will build wealth and achieve financial freedom!
So … what are you waiting for?
