Definition
The practice of budgeting, saving, investing, and tracking expenses to make the most of your financial resources.
What to consider
- Create a system to track your income, expenses, and savings.
- Use budgeting apps or tools to simplify daily management.
- Review your strategy regularly to ensure you’re meeting your goals.
Real world scenarios
- Determined to achieve his financial goals, Liam enrolled in a money management course that taught him budgeting, saving, and investing strategies.
Related terms
Related Playbooks
Get instant access to all our expert playbooks and 1-1 financial coaching when you join the Bolder Money community. Learn more here.
Financial Coaching & Mindset
Emotional Spending Management Guide
Financial Coaching & Mindset
Ultimate Guide to Finding & Organizing Your Assets: A Complete Inventory System
Financial Coaching & Mindset
Money Journey Mapping
Financial Coaching & Mindset
Dream Life Visualization Guide
