Part 8/10:
Jenna and Mark were encouraged to build a rigorous budget that clearly delineates their income and expenses. This would allow them to track their financial habits more easily and help them stick to predetermined spending limits.
3. Setting Up an Emergency Fund
The host passionately pressed the duo about the importance of establishing an emergency fund to prevent future reliance on credit in times of need.
4. Engaging in Financial Education
Jenna and Mark expressed their enthusiasm about learning and were offered access to financial planning courses free of charge. These courses could instill effective money management skills, empowering them to make better financial choices moving forward.