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I’ve recently fielded some questions about budgeting, specifically around the question “Should I Budget More Than 1 Month Ahead?” “Should We Create A Yearly Budget?”
While more planning is never bad, you want to make sure you put as a priority what is a priority, and make less important what is less important. Efficiently doing something that doesn’t need to be done is a waste of time, so it’s important to think through the costs and benefits of your plan. In this video, I walk through some of the most important paradigms around thinking and planning your finances over longer time scales.
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