CBL Virtual Classroom: logic blitz: the financial plan

Blog entry by logic blitz

Anyone in the world

financially beneficial? A budget can aid you in answering these questions.

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Include all your regular expenses to your monthly expense worksheet. This should include everything that you spend money on (not just for your art

business). Include rent, utilities, cell phone bill, transportation, internet, loans etc. This is not more than 50% of your gross income.

To the 50/30/20 rule of the financial plan. The 50/30/20 rule suggests that you should spend 50% of your money on obligations like bills, and the remaining 30% on "wants".

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Go to savings.

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