Tell Your Money Where to Go

Have you ever gotten to the end of your money for the month and realized you still had more month left? Unfortunately, this is a very common situation people find themselves in these days. But I’m here to tell you that you don’t have to accept this situation in your life. How you ask? A monthly budget.

Creating a monthly budget will give you a visual representation of where you’re spending your money each month. I’ve found a budget to be very helpful in my own life. It has helped me to identify areas where I could decrease spending and has helped me stay on track to keep my finances balanced for the month. My amount of stress is also noticeably less when I have a good financial road map for the month.

So I would just encourage you to start budgeting if that’s something you’re not currently doing. If you’re new to budgeting, don’t get discouraged if everything doesn’t completely balance out the first month. On average, it takes 3 months to start getting the hang of budgeting. Budgeting is like any other learned skill—you’re going to get better and better each time you do it. Just keep at it!

-Tim

Interested in more personal finance tips? Let’s talk! Contact me at coachtim210@gmail.com.