get too far into the how. Are you able
to think about a time when you are debt free, and you are able to live the life
you want? It is hard to get there. It took Matt and me a long time to figure out
what that might look like for us. We
have slogged for a very long time trying to get out of debt.
Because you have to make the choice to live below your means, no matter
what your family, friends, neighbors, or Facebook friends think about it, and
no matter what they are doing themselves.
culture. It can be anything from seeing
new cars, to new homes, to vacations, or new clothes. The grass always seems to be greener for that
other person, and you envy them that they have something you want.
most likely do not know the whole story of that other person. They could be having a hard time making ends
meet, or they may really have it all together, but could have issues in other
areas where your family is completely centered.
like, what you want your life to be like, finances need to be a part of that
dream. You need to be able to look at
your dreams and goals, and accurately measure how they are going to come to
of the easiest ways to accomplish this is to budget.
at all. But, it is necessary to live a
life of simplicity.
numbers do exactly what I want them to do, but I know there are a lot of people
who just don’t like to deal with it.
Perhaps you think it is too difficult, or there are too many bills and
you figure, what is the point? I have
been there, when there is too much month left and the money is already gone. It isn’t a fun place to be, but that doesn’t
mean that you can’t be proactive.
easiest way to budget is to do a zero-based budget.
expect you will receive over the next month, and then, after you have that
total, you write down exactly what
you are going to spend in the month.
savings and giving to charity. Every
dollar has a purpose. If you do not
actively write out what that purpose is, your money will find some other way to
leave you – and that is usually through Amazon Prime or Target!
here is an example –
come to $500. You have debt payments of
$250 this month, and you have $250 that you put towards savings this
month. Your income and expenses equal
based budgeting, especially if you feel like you don’t make enough money each
month to get by. It is completely
possible that you have an income problem, but that doesn’t mean that you cannot
budget. You are still in control of the
dollars that are coming into your home each month, and you get to decide where
to put them.
thing you need to do is look at your expenses.
Are there things that you could cut out this month? It doesn’t need to be forever, but it might
need to be for right now. Areas that
seem to come up for me are extra trips to Target, buying coffee out, cable,
subscription services (like Netflix and Hulu).
These are areas that you can cut out if you need to, even if it isn’t
the most exciting thing to do.
more excess money than you thought, but because you weren’t being intentional
about where that money was going, it was flying out of your wallet faster than
purchase with a judgmental eye. Is this
purchase necessary? If it isn’t
necessary, is it something that you really need, or is it more of a want? Remember our discussion on de-owning,
and really make certain it is an item you want to bring into your home.
spot (or is it the $5 spot now?!), and buy a couple items for my kids as a
special treat. Sometimes those items are
consumable like a coloring book, or sometimes it is something they can use for
school, but often it is something that ends up broken on their bedroom
floor. But, those little expenses add
up, and are those items really necessary?
permission to spend money. When you put
money in your budget for clothes, you can easily take that money when you are
out and about, and feel free to purchase clothes that you find. When you give each and every dollar a name,
it gives you the freedom to make purchases without feeling guilty, and without
wondering whether you really ought to purchase that specific item.
budget each month? Do you feel like it
will give you freedom if you tell your money where it should go?