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Are you wondering how to budget? Are you feeling like you are always trying to play catch-up with last month’s expenses? For so many years, I didn’t budget. I was scared to… and honestly, it was because I didn’t know how to do it. I tried several times, and each time I totally sucked at budgeting.

Keep reading as I show you how to budget and actually stick to it this time.

 

 

I hit rock bottom one day….

But I gotta tell ya, hitting rock bottom has some benefits. Because I had no other choice, I HAD TO make my budget work. So I finally figured out these four simple rules and learned how to budget better.

How to Budget:

Except for emergencies, Do NOT spend more than you take in.
Every month is different, so treat each month differently.
PLAN each month before that month even begins.
Read on for this one later…

Number 3 was perhaps the most significant change to my budgeting success. In fact, rule #3 is what has allowed me to achieve success in rules #1 and #2.

It was difficult and daunting at first. I remember wondering, “How can I predict what next month’s expenses are going to look like?” I was also wondering how to budget with no money?

I did go back and look at my previous 3 month’s bank statements to see how much I had been spending, but since my past spending habits were precisely what I wanted to change, I didn’t dwell too much on the past. To be honest, it was depressing.  But I had to do it anyway. It provides a good baseline, and from there, you can make cuts.

I don’t think that you need to go crazy categorizing every single little expense down to the penny. The fact is, you decided to start budgeting… Read More

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