Money. Savings. Budget. Seriously… what an awful topic. At least for someone who absolutely hates numbers and can never wrap her head around finances. Talking about yours truly. I mean, I obviously know the basics – income vs expenses – the easy stuff you need to get by on a daily basis. But when it comes to actually sitting down to create a budget, determine goals and deciding where money should go, I’m terrible. I think it’s mostly a patience issue. Which definitely shouldn’t be an excuse. To help, Earnest created a 2018 Money Saving Challenge – a refreshing “snapshot” I could finally get my head around.
I set aside four attainable budget goals for 2018. Set a grocery budget, cut out unnecessary services, save for travel and set a monthly “free spend” amount. And with Earnest’s simple way of spreading it across quarters, all of it seems more manageable. Am I the only one who gets shocked by a total at the grocery store? Or worse… Target? I mean, the cost of life can seem so outrageous and overwhelming, it’s hard to imagine having any extra for the fun things.
For T and I, the fun things include…
…travel (see below), trying new restaurants and shopping. Ok, shopping is all me. Now that it’s more organized for me to look at, I can visibly see all our desired cuts and budgets will lead to saving for travel. Unnecessary costs, sticking to a grocery budget & setting maximum amounts for clothes, shoes, etc, all lead to more money for travel. And savings – a win-win. With this helpful, organized challenge, I at least have a starting point. Getting a little late start for 2018, but better late than never for improving a budget. Right?
Do you have trouble setting or sticking to a budget? I’d love to hear how you manage in the comments below!