The Block finally takes advice from CAP26 Aug, 2020
If you are a fan of the popular reality TV Show, The Block, you may have noticed an interesting development last night. After years of contestants consistenly blowing out their budgets, the show’s producers decided it was time to take a different approach.
This year, instead of receiving all their budget at the beginning, contestants will receive weekly allowances for each room.
Show host, Scott, praised the logic of tracking as they go as a way to stay in budget.
“It’s much easier to keep track of it as you go along as opposed to getting to week eight or nine and realising you’ve spent a lot, which has happened many times in the past. We’re trying to avoid that now.”
It may have taken them a while to catch on to this basic money management concept, but as is often said at CAP “it’s never too late to start budgeting”.
If you’ve been inspired by the shows budgeting efforts and wonder how to scale this into your own life — you’re in luck! Right around the country, the CAP Money course is running (face to face and online depending on your location). CAP Money coaches love teaching others the power of budgeting and volunteer their time to bring this course to you for free.
Find a coach near you and begin your journey towards financial freedom.