PERSON A
Has a
FLAWED
financial outlook
with no plan. They have the wrong mindset and are winging it thinking,
"I'm going to pay all these bills and then I'm going to save what's left over." The only problem is, that's never going to happen because there is
NEVER anything left over.
PERSON B
Has a REAL financial outlook
with an actual plan. They have the right mindset and think,
"I'll always pay myself first so I always have enough money for the things I need." Paying yourself first is the only plan that will ever get you ahead.