The average UK earnings figure is £28,000 and the average working life 40 years… so the average person will see £1,120,000 of earnings in a ‘normal’ working life.
With over a million pounds passing through your hands, before tax, it’s important to decide where it will go(rather than wonder where it went.)
One great person to follow is Dave Ramsey, who makes making a budget simple. Click on the link for downloadable budget planning worksheets.
In this video Rachel Cruze(Dave’s daughter) explains how to make a simple home budget:
As Dave says, it’s impossible to earn so much that you don’t need to do one.