Yet, time and time again, people resist the idea of a budget. I don’t have time. I don’t want to know how much I spend. I make a nice salary. I always have money left over, so it doesn’t matter. I always lose receipts. I don’t know how.
To me, many of these excuses come about because of the negative connotations surrounding budgets. Often people think being on a budget means you’re struggling or you’re poor. However, the truth is that being on a budget simply shows that you’re financially savvy and concerned about your future.
So, if you know you should make a budget, but you really don’t want to, here’s how to get motivated and excited about getting started.
1. Always List Goals First
If you’re thinking about starting a budget, chances are you have goals. Maybe you want to send your kids to a good college or perhaps you need a new car. Budgets are the perfect tool to help you reach those goals because they show you where your money is going and how to trim unnecessary spending. Once you know your goals, write them down in a place where you can visibly see them, and every time you don’t want to budget, remember why you started.
2. You Don’t Have To Track Anything Anymore
When it came to budgets back in the day, you would have to painstakingly write down every single purchase, add it all up, and balance your checkbook to see how you did that month. Now, with tools like Budget Ease, you can sync your bank accounts, text in what you spend, and even take pictures of your receipts for the Budget Ease Team to store. I mean, it can’t get much easier than that, and you never have to worry about losing a receipt again.
3. It Can Save You a Ton of Money
Of course, the best part about having a budget is that it can save you a ton of money. I know it’s hard to come to terms with spending habits. Trust me; I’ve been there. I know it’s not easy to cut out a fun shopping trip or say no to a girls’ night. Yet, the more you budget, the better you get at it, and managing your money as a whole becomes easier. You learn what’s important and what’s not so that you eventually stop wasting money on fast food so that you can go out to eat a nice restaurant twice a month.
Essentially, budgeting is all about understanding your habits and your priorities. Consider it like an in depth study on yourself, your personality, and your likes and dislikes. Once you better understand yourself and your tendencies, you can start to develop good habits that will drastically improve your life.
Honestly, the hardest part is getting started, but now that you know how easy it is and how much it can benefit you, the choice is easy.- Catherine Alford