So you decided to take your financial matters into your hands and attack your debt. You are doing a great job at staying away from the broke mindset, and you want to start living a financially stress-free life, yet you are having just a tad bit of a problem with that thing called a budget.
You started budgeting, yet it’s not making sense or it’s not working. You need to figure out what you are doing wrong to solve “The Budget Problem,” and I’m here to help.
First, let me say that when I started to create a budget, I was terrible. I have never done a budget in my life, and I was trying to learn how to create one.
It took time to find a budget that worked for me. I understand that you want to give up because your budget is not functioning for you, but please don’t. Here are 5 ways to solve “The budget problem” so you can continue on your financial journey.
5 Ways To Solve The Budget Problem
Write everything down
Sometimes we forget to write everything down. Every dime we spend, all the money we receive. To create a budget that works for you, writing EVERYTHING down will help. If you spent 10¢ on a sticker, write it down. Account for all the spending you have for the month.
Stop comparing your budget to others
Your financial situation is completely different to mine and others. Each situation is different, that means that every budget is different. This was my biggest mistake when I first started budgeting. I kept comparing my budget to others, and I was failing miserably.
Be honest with yourself
Let’s face it if you are working on your budget and the bottom line is on the negative, then my friend you need to start working on your finances and fast.
If you are spending more than you are earning each month, it’s time to face the reality that we need to start hustling and taking some action to improve our finances. Sometimes it’s hard to accept that we are the reason our finances are a mess.
The good news is that it is fixable and with hard work your budget will work for you.
Stop making it so complicated
I don’t know about you, but sometimes you look at your budget and realize that it’s too complicated. If you are dreading doing your budget each month because it is too complicated, then make a simple alternative.
I used to have every single category for my budget, and so many envelopes when I was doing my cash envelope system, it was insane.
Simplifying my budget helped me to have more control of my budget, and when I started to see the budget work for me, it gave me more encouragement to keep going.
Find a budget system that works for you
Whether you love writing your budget on paper, using spreadsheets, or budgeting programs and apps; you need to find a budget system that works for you. I dislike having papers all over. I dislike clutter, so I opt for budgeting program to do my budget.
This is something that works for us and we enjoy using. Now what works for me, might not work for you.
Some of my friends rely on good old pencil and paper, this system of budgeting works for them as well.
If you are a visual person and need to see your budget and progress, then a budget software or app is what you need. You can also hang a copy of your budget where it’s visible to motivate you.
Check out these money posts:
- 7 Steps To Creating A Wealthy Mindset Today!
- 8 Tips To Help Save Money When Money Is the Last Thing On Our Minds
- 10 Things You Shouldn’t Buy When You Are Struggling Financially
Conclusion
Solving your budget problem is something very personal and should reflect you. Meaning, you should not be creating a budget that is complicated and difficult because someone else does it ‘this’ way.
Your budget is the blueprint for your finances. It is a very important tool to guide you during your financial journey.
Since your financial journey is yours and yours alone, your budget should reflect that. You have to be open and honest with yourself about your finances and where you want to go from there.
A budget that reflects you takes practice, so please don’t give up. I hope these 5 ways to solve “The Budget problem” helps you move forward with your budget.
What are other helpful ways that have helped you solve your budget problem?
More from my site
How Losing a Chunk of my Family Income Lead Me to a Better Reward
5 Incredible Ways Broke People Can Save Money On A Budget
10 Things You Shouldn’t Buy When You Are Struggling Financially
If You Act Like This, You Are Not Wealthy, You Are Broke
5 Tips to Stop Spending Money This Week
7 Steps To Creating A Wealthy Mindset Today!
Latest posts by Joyce @ My Stay At Home Adventures (see all)
- Instant Pot Black Beans / Frijoles Negros - September 17,
- Chocolate Santafereño - September 16,
- How To Use Budget Binder Printables - September 14,
[…] Before you start making any financial changes during spring financial cleaning, you must always look at your financial blueprint; your budget. Look for any problem areas and what needs improvements. Start tweaking areas that you […]