“If you measure something, you can understand it. If you understand it, you can control it, and if you can control it, you can improve it.” The same holds true in your monthly budgeting.

The reality is that it is nearly impossible to complete & follow a monthly budget without improving your overall financial position. There are several reasons for this, so I would challenge you to do this.

First, just developing a budget for yourself will raise your awareness of what you have for revenue or income sources and then also boost your cognizance of how much you are spending each month. Next, you will come to grips with the reality of one of three facts. Either you need to boost your income sources, reduce your outgoing expenditures or, thank goodness, if you have more income than expenses, you can then save some money. Of course, this is fantastic! You just need to determine where you will store or invest those extra funds each month…

Second, this process will stimulate your thinking about how & where you can do better. Do you really need or use 979 cable channels? If you each have a cell phone, do you really need a land line, too? Can you combine trips to the grocery store with outings to Church or other social gatherings?

Finally, please do not stress over the budget process. It is meant to help you improve your financial position, not to add more aggravation to your life. After you have developed your initial budget, have some fun with it. For example, what can you do to boost your income sources or reduce your monthly expenses? Get creative. It can pay huge dividends, and guess what? You will be the beneficiary of those paybacks!

Our Budget Form, based on years of experience, can assist you to keep your finances on track!