Last post, I shared with you the top 5 excuses I always hear from friends, relatives, and acquaintances (or even myself sometimes) about why they don’t take the time to budget their money. Today, I want you to follow me on a fun-filled little journey to the Land of No Excuses. A magical place overflowing with milk, honey, and commonsense.
To those who say I don’t have any money: You cannot expect your current situation to ever improve if you don’t take a hard look at where every dime of your precious income is going. This is your life we’re talking about. Don’t you want it to be more than just endless worry about how you’re going to make ends meet each month? Wouldn’t it be easier to take one night off from the typical running around that happens when you come home from work and really take a look at how you can help yourself? Good news, it’s free to review your situation and the info you gather will be priceless.
To those who say I’m too busy to budget: Initial set-up of your budget might take a few evenings of your time depending on how out of control your finances are at the moment, but when done effectively, maintaining and updating your budget takes around 1-2 hours at the beginning of the month, and maybe 10 minutes a week, tops, to adjust minor details.
To those who say it’s too much work: See above and ask yourself how far being lazy has gotten you in the past.
To those who say I need to get things in order first before I can budget: There will never be a “perfect” time to budget. Things will never line up all at once and with an attitude like that, you’ll never be a part of anything great. With budgeting you can start fresh every month, every week, and every day. It’s all about giving yourself choices.
To those who say I can afford anything I want: Congratulations, “Oprah”! Now, could you move your jewel-covered unicorn so the rest of us regular folks can get by? Just because you can afford what you want doesn’t mean you should buy everything you want. Self-control is a wonderful virtue to exercise because it helps you determine what really matters in life. Besides, if you have been blessed with beau coups of money (pronounced boo-coos in Southern ya’ll), why not use those blessings to give back to those in need and make generosity a part of your budget.
Questions or feedback? Shoot me an email at firstname.lastname@example.org or post a comment below.