A lot of people are hesitant to start budgeting because of the fear that it will be stressful. They are afraid that they won’t be allowed to spend any money on anything because “it isn’t in the budget.” That is simply not the case!
Now, let me preface all of this by saying that if you are in debt, your budget will be tight for a while as you dig yourself out of debt. If that’s the case, then yes, it is possible that doing a budget can be stressful. But, when you get out of debt and get to keep more of your money instead of sending it straight out the door as soon as you’re paid every month, you will understand what I mean. And believe me, it will be 100% worth it in the end.
If you are new to budgeting, the first few months might be a bit tense because you will be starting something new that is essentially a lifestyle change. Any time we work to change ourselves or our lives for the better, it can be difficult. But isn’t it always worth it once it becomes habit? It will probably take a solid three months before your budget really starts to work without any hiccups, so don’t give up right away. Once you’ve got the hang of it, budgeting is smooth sailing!
When you are living on a budget and you are out of debt, you have the freedom to spend your money how you want without stress. This is because you know that you have the money to purchase whatever you’re wanting to purchase. You can go buy a few new outfits using cash instead of using debt and not even feel guilty about it because you budgeted for it! Budgeting does not mean that you have to restrict your spending so much that you can’t enjoy life. It simply means that you take your income and designate an amount of that income to be spent on specific items. Housing, food, utilities, transportation, clothing, vacations, whatever! By budgeting, all you are doing is telling your money where it is allowed to be spent. The whole point of a budget is not to restrict what you spend, but to allow yourself to spend money without guilt, regret, or stress.
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If you have had a hard time sticking with a budget in the past, need some advice on how to save for a large purchase, or need some guidance on getting out of debt, click the Budget Coaching button below or contact me to set up a free consultation call. Also, if you haven’t already, sign up for my monthly newsletter! I will be sending out exclusive content each month and you will get a free budget guide as a thank you for signing up!
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