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Creating Your First Budget / Spending Plan

This week’s topic is arguably one of the most critical to success in becoming a debt-free millionaire doctor.  Unfortunately, it’s also a topic many run from even though they know it has the power to change their financial future.  Why is that?  Why do so many struggle with completing a monthly budget?  How can doing a monthly budget become something you look forward to each month?  How can the budgeting process be made simpler to ensure it is done each month?  In this blog post we’ll uncover some answers to these questions to help you win with your budgeting process.

Let’s start with why so many struggle to budget.  Why is it budgeting seems to be something most can agree is a good idea, but yet struggle to consistently complete each month.  For many it can be depressing to look at all the bills you have, and not budgeting is an easy way to look the other way.  It’s in some ways like stepping on the scale...

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