Money Mindset Challenge Day 7: Budgeting

According to the Neighborworks 2017 Consumer Finance Survey, the majority of those with incomes of $75,000 or less, did not know where the money they earned was going because they did not have a formal budget/spending plan.

Research shows those who report they have financial well-being, follow a plan and have default systems in place like; automatic bill payment and savings deductions that lessen daily worry about money.