In a previous blog post I shared my thoughts on budgeting and the 5 types of bank accounts I used to get my finances organised. In today’s post I’m going to share the actual budget system/template I used to get organised and track my money. This is probably one of the biggest steps I’ve taken in the past few years to declutter and organise my life and it has been so valuable for both my physical, financial and emotional health.
So many people I’ve met seem to struggle with the concept of budgeting because:
- It’s boring/hard to track our finances. It’s way easier to not care, have lots of fun and then wonder half way through the month where the heck our money actually went. If you’re able to turn this around and see budgeting as your way to freedom, you’d be surprised at the options that open up for you, regardless of your income level.
- It’s scary to be that honest with yourself and see what you are/have been spending most of your money on. Somewhat connected to the above point, but I have done that avoidance strategy soooo many times in my life. It’s way easier to avoid looking at it and procrastinate for another month.
- Many people have very limiting beliefs around money. Telling yourself things like “I could never have wealth” or “I’ll never get out of debt” or “I earn to little to be able to make a difference with my budget” or any theme similar to that is common, but not helpful. Most of us learn these money beliefs from people in our family, and the great news is that all these things we tell ourselves can be changed to help us!
It’s not that complicated really, but it can be hard to get started. So just check out this weeks’ video where I’ll show you how to use my template and then just promise yourself to get started now!
Access the budgeting template for free:
Not having a good relationship with your money (regardless how much you earn) is a huge point of stress, and I can’t believe it took me so long to realise that it would actually make me so much happier to track and keep on top of my finances. Before that I used to stress about money daily or weekly and sleep a lot worse.
Knowing what you have to work with in terms of money, having some basic financial goals (big or small) and taking small steps to action this every week will help you declutter and organise your life now and for the future. Let’s get started!
* Please note: I’m not a financial advisor, so all the advise shared here in the blog and in my videos is just what I’ve tried and learned myself and what is working for me right now. Naturally you need to experiment and see what works in your unique situation! Always seek professional financial, legal or other advice before you make any big financial decisions in your life.