3 Surprising Reasons Budgeting is Fun and Not Fearful

Budgeting is fun not fearful

There’s a stigma that goes with budgeting. It’s something people dread doing or are even fearful of doing. People think it’s a waste of time and can’t even stand thinking about budgeting, but really, it’s not that bad (I actually like it, surprise, surprise…). A lot of times people are fearful of the unknown, but it’s often not as bad as we thought it was going to be and budgeting can actually be fun.

I have three reasons why budgeting is fun and shouldn’t be feared.

1.Accept the past and make your future brighter

By setting up a budget (or spending plan, as I like to call it), we can overcome our fears and dread of looking at our money. If we take a look at our finances (good or bad), we can accept the past and make our future brighter. Maybe we’ve made some mistakes with our money in the past. By setting up a budget, we can see mistakes we have made and find a way to improve upon them. We have to let go of any guilt we have and move forward.

If we keep hiding from our money we’ll never be able to improve our financial situation. Take a look at your income and expenses and see where you can improve. What’s done is done. Accept that and know you can move forward in a better financial direction. Easier said than done, I know. But we need to start sometime and that might as well be right now so we don’t continue to make more money mistakes. Now is the time to take action with our money, accept what we may have done in the past and know we can do so much better!

We can have a full overview of where we are with money and make the goals to improve it.

2.See where you should adjust

By getting over the fear and dread of looking at our money, we can continue to make adjustments as needed.

By having a clear picture of all of our income and all of our expenses, we can make adjustments where necessary. We can adjust our spending where needed.

We can set up our spending plan to put money toward any debt we may have or get rid of expenses we don’t really need (cable?).

If we don’t know where we are spending all of our money, we can’t change our habits and that’s where it all begins. Changing our habit of eating out for lunch everyday to eating out only once a week will bring our expenses down drastically. We can start putting that money toward our next vacation or a down payment on a house.

Once you’ve been updating your budget, you can continue to allocate your money where it’s best suited for you. You can continue to make adjustments to improve your financial situation.

Seeing improvements you can make is exciting and helps us want to continue to move forward in the right direction.

3.See yourself reaching your goals

Creating, and sticking to a budget, means you can see yourself reaching your financial goals. It gives a money visual for you, which is always exciting!

You can see your debt decreasing, or your emergency fund growing, or how much you’ve saved on expenses over the year.

You can actually see the numbers continue to increase, in a good way, which is super motivating. I know I love be able to track my progress and how much closer I get to my goals. I can also see if I start to get off track so I can jump right back on track.

Having that visual representation of your money helps you remember what you’re working toward. As I mentioned in a previous post, your financial goals should be a part of your budget, it’s what helps you stick to your budget. Having something to work toward, or save toward, is motivating.

If you haven’t set up a budget or your budget isn’t cutting it for you, try my Budgeting Bootcamp Course, to help get you in gear with budgeting so you can achieve your financial goals!

These are only three great reasons to have a budget, there are plenty more, but hopefully these reasons will help motivate you to start a budget and stick with it.

What are some other great reasons to have a budget? Share in the comments below.

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