![]() ![]() The top three reasons you need a budget are: Yep, sooner or later, the day will come when you discover the real reasons behind why you need a budget. Or, you coast into the gas station on fumes only to discover you don’t have enough money to fill up your gas tank! Until that is, you accidentally overdraw your bank account. You don’t let people tell you what to do, so you’re certainly not going to let a piece of paper with some numbers on it boss you around! Especially if you’re a “free spirit” like me. I’m not gonna lie, budgeting takes some getting used to. In reality, the opposite is true living on a budget sets you free from the paycheck to paycheck cycle! The number one reason most budgets fail is because people view them as a prison. Without a budget, you are failing to plan, which means you are planning to fail. Budgeting tips for beginners: Why you need a budget Ready to save some serious cash? Get Ibotta, it’s FREE! Ibotta gives you cash-back on groceries, health & wellness products, pet supplies, and more! Click to learn more. ![]() Since I (finally) learned to love budgeting, my husband and I have paid off hundreds of thousands of dollars in debt and fully-funded our emergency savings.Īll this while continuing to live a beautiful life (on a budget, of course)!ĭid you know two-thirds of Americans fail to budgeteach month? Let’s change that statistic, shall we? And even longer to learn how to live a frugal lifestyle.Įventually, I learned to embrace budgeting because of the freedom it provides. The fact is, it took me years to figure out how to create a budget for our family (I’m a slow learner). We needed a crash course in budgeting, fast! By the end of 2007, we were well over $130,000 in debt and living paycheck to paycheck on just over $40,000 a year for a family of five. The Great Recession of 2007 was a wake-up call for our family. Pay your most expensive (high priority) bills first Bank overages to compensate for tight months STEP 1: Determine your monthly income & expenses.Budgeting tips for beginners: creating a budget.The top three reasons you need a budget are:.Budgeting tips for beginners: Why you need a budget. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |