In honor of America Saves Week, I want to talk about budgeting today. I know, I know, budgeting isn’t the most glamorous thing in the world. But it is needed if you ever want to attain financial freedom. Too many people are stuck in life because they have no clue where their money is going. Honestly, how many times have you logged into your bank account, saw your balance and were surprised because it is much lower than you expected? Heck, I’ve been there plenty of times myself.
The way you overcome this is by budgeting. To some reading this, you might shudder at the thought of a budget. After all, it is limiting your spending right? Wrong! Stop looking at a budget as a short term tactic to stop you from spending and start looking at it as a tool that will help you reach your wildest financial dreams. Want to retire early? A budget can help you achieve it. Want to go on a killer vacation? A budget can help you here too. Once you see how a budget benefits you and doesn’t limit you, you can begin using one to get you to where you want to go.
Finding The Right Budget Template
OK, so I’ve got you interested in budgeting. We are getting somewhere. Now the trick is to find the best option for you when it comes to budgeting. After all, if you don’t like eating peas, it doesn’t make sense to make them a staple of your diet right? You should make broccoli a staple since you enjoy eating it. This will make sticking to a diet that much easier. [Read more…]