With a new year comes the chance to begin anew, to wipe the slate clean and give everything a fresh start. The #3 new year’s resolution is related to money so I am going to start posting regular budget related posts to help all of us get on track, stay on track and finally, get ahead. The #2 resolution is getting organized and this falls squarely with managing a budget so we’re going to kill two birds with one stone. You in?
I asked, on facebook, what you would like to see more from me this year and not surprisingly the overwhelming response was budget, saving money, and just plain money related.
Managing a budget
Managing a budget starts with considering how we view money. How we think of it. How we relate to it. What it means to us…. Our attitude about money.
Do we respect it? Do we spend it willy-nilly? Is it a major source of stress? Do we spend it wisely? Does thinking about money make you sick to your stomach?
Stick with me in 2015 and I will do what I can to help you change your ways. To be sure you’re in, make sure you are signed up to receive updates via email. (I have changed the email format so you will no longer be getting annoying daily updates. Yay!)
Back to the task at hand… changing your attitude about money and managing a budget.
You will begin to understand why there is a need to change your attitude towards money because it can make your life a whooooooole lot easier if managed correctly. And it can give you horrible stress if it is mishandled. The fact that you have created debt is sometimes out of necessity with a single parent budget, but mostly due to having the wrong attitude towards money.
By going through the process of preparing a budget and seeing exactly where your money has been going and how much waste there has been you will be able to change your ways and never get in a similar situation again.
When you consider the things you might have been able to do with that ‘lost’ money you will begin to see that the alternatives are very often so much more appealing. You will begin to say NO where you used to say YES. You will begin to think ahead – *the most important part of budgeting is thinking ahead*.
If you waste your money on silly things like daily coffee and or eating out on the regular, realize that it could have been spent on a super awesome vacation for you and the kids, and surely that would be much more fun than wallowing in the regret of having spent too much, yeah?
Money is not something that can solve your emotional problems although we all try it. That high of buying something for ourselves sure feels good. Until we get home. The long term stress and worry and emotional lows that excess debt brings with it is not worth a penny. And, yes, a penny has tangible worth. When you begin to respect one penny, following a budget becomes that much easier.
It is your choice to take charge of your finances, and it is as simple as starting a budget and setting realistic short term and long term goals and then making those goals become a reality.
Money can make you very happy and give you an excellent lifestyle if it is managed properly, but even those who are earning huge incomes frequently fall into financial strife due to an inability to manage their finances.
I have set up a full year of blog posts for you to follow and you will be better off than the majority of people and in the long term you will be able to afford more of the things that you desire than you would do otherwise.
Your attitude towards money and debt has a huge bearing on the quality of your lifestyle.
Check out money saving tips, a list of super easy. And please, be sure you are signed up for email updates. In the next few days I will be sending out (via email) a super easy budget template with instructions on how to use it. Getting started right away is going to be super important to your success in sticking to a budget this year because your resolve to change your ways is strong.