habits Archives - Women’s Money

14Apr 2017 by Women's Money No Comments

Healthy Budget Habits

So, you use your budget, yet somehow at the end of the month you discover you overspent. We have all been there; it can be hard to remember your budget while shopping. A budget is not a static document that you write and leave alone, but a working and responsive tool for money management. Try these healthy habits and easy to use tools to stay in tune with your budget throughout the month.1. Regular Check-Ins This is one of the best methods to help you stay on track with your working budget and is most effective when paired with a spending tracker. Checking in with your spending and your budget on a regular basis keeps you in-tune with your goals.How often you check in is a preference, but either every…

22Mar 2017 by Women's Money No Comments

Are the Budget Blues Bringing You Down?

Budgeting, Goals / Taking Action, Miscellaneous, Money in Your 20s/30s/40s/50s/Retirement, Take Action

If you’ve followed my writing, I’m sure you’ve noticed several articles on budgeting. Why so many? Because a budget is one of the most valuable tools for understanding, managing, and growing your money. Yet it seems to me that many people break-out in a cold sweat the moment I say “budget”. If the B-word induces anxiety in you to the point you can’t bring yourself to write one, try changing your terminology. A budget is just a plan for how you are going to spend your money, so try calling it a “Spending Plan”. Using a Spending Plan is a small lifestyle adjustment to help you reshape your spending habits. It takes time and practice to write and use Spending Plans that are reasonable and accurate, but as you develop…