The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone, Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be talking about what I believe to be the single biggest impact on your wealth and that is budgeting. Budgeting is one of those scary words I think for a lot of people. Some people don't feel like they need to budget. They feel like they're constrained by their budget, like if they have a budget, they can’t do the things they want to do or can’t take the trips they want to do. But the reality is that if you're focused on building wealth not only for your family, but multigenerational wealth, wealth that last for decades and decades and through your grandkids and their grandkids, then I do believe that the single biggest impact is your ability to properly budget. Now, budgeting doesn't mean that you have to cut out all the things that you want to do. If you want to do something, just factor it into the budget. But it means keeping expenses low. It means always reassessing how you're spending your money eac