Budget Buster

Everyone need a budget. No matter your income, debt situation or specific circumstance. A zero-based budget telling your money where to go before the month begins is the key to unlocking peace within your finances. If you have never completed a budget, know that it will take time to perfect. Generally, it will take 90 days to perfect a budget, so don’t give up if it doesn’t go right the first month. Once you get it right, you will feel like you have given yourself a raise. There are a couple budget items that first-time budget makers will underestimate how much they area spending.

Food is one of the biggest budget busters. We spend more of food than we think we do. Those impulse purchases at the grocery store, going out to eat, grabbing a snack a the gym all add up. Meal planning and prepping can save you hundreds of dollars a month. Create a shopping list and sticking to it will help you to stay on budget. To help you stick to your list, download our free shopping list.

For your first month of budgeting, add more to your food budget than you think you are going to spend. You can always dial it back the next month if you find that you came under budget. We recommend the Everydollar app for creating your budget.

If you need any one-on-one assistance with creating a budget, schedule an appointment today.

Stay safe and stay well.