Know What You Spend Monthly

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Knowing what you spend monthly seems like a simple concept. How much money does it take for you to live comfortably each month? So many investors don't know this. If you don't follow simple financial planning concepts like monthly budgeting, then how do you expect to successfully save money?

Published in: Economy & Finance, Business
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Know What You Spend Monthly

  1. 1. Mullooly Asset Management Podcast July 10, 2013 Mullooly Asset Management July 2013
  2. 2. Recent Financial Planning Meetings Question Asked: What is your monthly number? Common Answer: I have no idea Mullooly Asset Management July 2013
  3. 3. Carrying Debt vs. Investing “I want to start putting money away for ________” That’s great, the problem is: - Student loans - Car payments - Credit card debt - Rent or mortgage Tough to do all these things AND save money Mullooly Asset Management July 2013
  4. 4. One Thing at a Time First - Create your safety net or emergency fund Second – Reduce or eliminate debt Third – Begin to invest Mullooly Asset Management July 2013
  5. 5. None of the securities mentioned in this (or any) podcast or video represent past specific recommendations of Mullooly Asset Management. This video is NOT a recommendation to buy or sell any of the securities mentioned here. If you’re relying on a podcast for investment advice, you are likely making a huge mistake. We strongly urge our listeners to consult with their investment advisor before they make a decision to buy or sell any investment. Mullooly Asset Management July 2013
  6. 6. Mullooly Asset Management, LLC support (at) mullooly (dot) net 732-223-9000 www.mullooly.net Mullooly Asset Management July 2013
  7. 7. Mullooly Asset Management, LLC support (at) mullooly (dot) net 732-223-9000 www.mullooly.net Mullooly Asset Management July 2013

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