Healthy Budget Habits

Healthy Budget Habits

Budgeting, Goals / Taking Action
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…
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Are the Budget Blues Bringing You Down?

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…
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