💡 Are You Budgeting Like the Wealthy or the Poor?

Feb 23, 2025
 

 Most people follow a budgeting strategy that sounds logical but rarely works long-term. Here’s what I’ve observed over the years:

🛑 The "Poor" Approach (PIES Formula):
1️⃣ Start with your Income (I).
2️⃣ Subtract your Expenses (E).
3️⃣ Save whatever is left (often nothing).

Sound familiar? It’s why many people struggle to save consistently.
✅ The "Wise" Approach 
1️⃣ Start with your Income (I).
2️⃣ Subtract your Savings (S) first—treat it as your top expense!
3️⃣ Use what’s left for your Expenses (E).

This simple shift is what sets wealthy individuals apart. By making savings a priority—not an afterthought—you build a solid foundation for long-term financial success.

👉Watch the video here
 

✨ Key Takeaway:
It’s not just about earning more; it’s about flipping your budgeting mindset. Prioritize savings, and let the rest fall into place.