Creating a budget is time consuming, tacky, annoying and it doesn’t actually work anyway, so why should I create one?
Well it depends on how you look at it…..
If you believe in it (& are strict to follow the plan you set yourself), a budget will absolutely help.
A budget isn’t suppose to mean you can’t have fun anymore. But a budget could mean you get your first home even sooner…
A budget can be a plan to buy your own home sooner. And there is nothing tacky or annoying about owning your own home sooner.
In simple terms, your total savings are made up of what surplus income you have left after expenses. As humans, we are always striving to earn a higher income. But we forget that expenses is the other 50% of the equation.
A budget is an opportunity to learn where you are spending your hard earned wages. You may find you are spending your money on something that is not as important to you as your goals (such as home ownership).
Try the DIY Budget Planner below and learn something about yourself 🙂
How are your current savings tracking?
Do you need to give your savings a boost in order to achieve your goals?
You earn an income….how you spend your income, well that’s up to you