{"id":6991,"date":"2020-08-19T15:08:37","date_gmt":"2020-08-19T15:08:37","guid":{"rendered":"https:\/\/realestatelicenseguide.com\/?p=6991"},"modified":"2022-02-23T13:19:31","modified_gmt":"2022-02-23T13:19:31","slug":"budget","status":"publish","type":"post","link":"https:\/\/realestatelicenseguide.com\/budget\/","title":{"rendered":"Building an Ironclad Budget as a New Real Estate Agent"},"content":{"rendered":"\n
Create a Clear and Organized Financial Strategy<\/h2>\n\n\n\n
One of the hardest things I see real estate agents struggle with is their finances. Financial woes are typically a big issue at the beginning of an agent’s career, but once a bad habit or big debt is acquired, it can be nearly impossible to get rid of. That’s why it’s important to set yourself up for success initially and understand that being a real estate agent is more than likely not going to lead to a huge financial windfall right away. <\/p>\n\n\n\n
It takes some agents years to develop a consistent income, and even veteran agents go through rough patches. This can lead to stress and depression that can have a big impact on an agent’s career, which just manages to deepen the downward spiral. So the real question is, what can you do to avoid the pitfalls and how do you develop the financial habits necessary? <\/p>\n\n\n\n
The answer is actually simpler than you may think, build a personal and business budget! Let’s get to work.<\/p>\n\n\n\n
Create a Budget and a Plan<\/h3>\n\n\n\n
How to Build a Budget as a Real Estate Agent<\/figcaption><\/figure>\n\n\n\n