Today I want to talk about the "B" word. You know the one... BUDGET. It is easily my least favorite word, along with "running" and "homework." I've never been great with managing my money, but with all of the expensive things coming up in my life, I have to try to learn how to be pretty quickly. I've actually been doing really well this past month, since I have been trying to make a conscious effort to be more responsible in that area of my life.
To help myself, I created a worksheet that outlines everything from my weekly income, credit card & bank account balances, expenses, and savings. It has really helped me to understand where every penny goes each month. By thinking of things in this way and filling in the blanks of my worksheet, I am easily able to see what my "overflow" is, which would be my spending money. I think that aspect was especially important for me because it has helped me to see what I really can and cannot afford each week. Before, I would just go swiping my debit card all around town without a care in the world, not really keeping track of where my money was going. Now I am much more aware and selective of what I choose to spend money on because I have an actual number in my head that I know I need to stick to each week.
The worksheet I created keeps me on track and accountable by clearly outlining my finances. After developing this worksheet, I thought it might help some of you as well! I decided to make it available as a free download for all you lovelies, and leave blank lines so you can customize if for your own specific needs.
I hope that this worksheet helps you as much as it has helped me so far!
What are your thoughts about budgeting? Do you have a system? Tell me, friends!
What are your thoughts about budgeting? Do you have a system? Tell me, friends!
