Actresses Rachel Brosnahan and Marsha Stephanie Blake on their new Amazon Studios’ film, “I’m Your Woman.” Plus, “I Did It Myself”: learning new skills in unconventional ways, leading people to find their passions and purpose.
Budgeting tips from The Budget Mom:
1. Don’t just create a budget. Create a realistic budget. Your budget should be created based on what you are actually spending, not what you WANT to spend. There has to be a clear foundation so you know where you are starting and where you want to go. Small changes to your budget, such as decreasing a budget category should be done in small incremental steps, rather than large jumps. By doing this, you will set yourself up to succeed in the beginning.
2. Embrace financial awareness. The truth is, you can’t change what you don’t know. Make tracking your spending part of your daily routine, so it can become a habit. I like to recommend all new budgeters to this manually, as there is more focus and clarity around where you are throwing your dollars. No one knows your spending better than you!
3. It’s okay to budget differently. If you have tried a certain budgeting method in the past and failed, that does not mean you are a failure. It means your process failed you. Maybe 2021 is the year you try something new. Nothing is more important than embracing the action steps that make the most sense to you. Branch out. Try new things. Remember, there is no right to budget. The only right way is the way that works for you.