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Summary of Chelsea Fagan & Lauren Ver Hage's The Financial Diet
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Please note: This is a companion version & not the original book.
Book Preview:#1 A budget is a guide to show you how much money you have to spend each month. It’s a great way to stay on track with your finances and prevent you from overspending.
#2 The most important rule of a budget is that you must be able to pay things back at the end of the month. If you can’t, you’re undermining yourself.
#3 The author once nearly bought herself a $150 facial because she thought CEOs didn't have acne scars. Whatever your version of CEO is, you need to get over it. You shouldn't buy things just because you believe that's the life you should be living.
#4 A major reason why many people struggle with their finances is that they don’t know what they’re spending. If you don’t know what you’re spending, you can’t control it.
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Summary of Chelsea Fagan & Lauren Ver Hage's The Financial Diet - IRB Media
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