A Budget Brings Freedom

 

Do you dread trying to follow a budget? I promise it can be a positive experience!

Many people think that following a budget means never being allowed to spend money. But a budget does the opposite – it gives you the freedom TO spend and relieves the stress that comes after overspending or going into debt.

But it also means  you need the self-control to stick to your budget and keep your priorities in line.  Overspending in general is wrong, whether it’s 40 dollars or 4 million dollars a month. Just like any habit, you have to take it one day at a time. Recruit some friends to keep you accountable and encourage you as you make changes to your day-to-day routine. Be sure to set up a system for tracking your spending – if you use a debit or credit card, try connecting your bank account to a mobile app, like mint.com. And if you use cash, keep a binder to store your receipts and a notebook to record purchases.

And regardless of how much money you have, get in the habit of  regularly checking your bank accounts to look for fraudulent charges and prevent overdraft expenses. Enroll for email or text alerts when your balances get low or questionable charges are made. Like Paul, we can learn to be content in every situation.  He said, “I know how to be brought low, and I know how to abound. In any and every circumstance, I have learned the secret of facing plenty and hunger, abundance and need. I can do all things through him who strengthens me.” Accept your circumstances, give thanks and take it day by day.

And to take the first practical steps to building a budget, download the free Money Map. It’s a step-by-step guide to help you save, budget, and ultimately, become a good and faithful steward.