14 min

The “Reverse Budget” – an Alternative to Budgeting The Physician's Guide To Financial Wellness

    • Investing

For anyone who dislikes budgeting (ourselves included), this episode provides a great alternative – the reverse budget. By switching your focus from tracking monthly expenses to hitting specific savings targets, it makes it easier to stay on track with your financial goals while at the same time reducing the legwork involved along the way. In this episode, we explain how to implement the reverse budget using a four-step process and how to periodically review your progress over time. Hopefully, this helps you keep on pace with your savings while also allowing you to enjoy any leftover money “guilt-free.”
Resources & People Mentioned Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician Download our guide: The Financial Checkup Connect With Trent and Andrew https://mdwmllc.com  Follow on LinkedIn Follow on Facebook Subscribe to The Physician’s Guide To Financial Wellness
on Apple Podcast, Spotify, and Google Podcast

For anyone who dislikes budgeting (ourselves included), this episode provides a great alternative – the reverse budget. By switching your focus from tracking monthly expenses to hitting specific savings targets, it makes it easier to stay on track with your financial goals while at the same time reducing the legwork involved along the way. In this episode, we explain how to implement the reverse budget using a four-step process and how to periodically review your progress over time. Hopefully, this helps you keep on pace with your savings while also allowing you to enjoy any leftover money “guilt-free.”
Resources & People Mentioned Download our guide: The Toolkit for Optimizing Your Finances as an Employed Physician Download our guide: The Financial Checkup Connect With Trent and Andrew https://mdwmllc.com  Follow on LinkedIn Follow on Facebook Subscribe to The Physician’s Guide To Financial Wellness
on Apple Podcast, Spotify, and Google Podcast

14 min