Controlling Your Budget

Michelle Budgeting

Most people dread the word “Budget” much like the word “D-I-E-T”. Whether they are making $300,000 or $30,000 a year they envision budgeting as something that creates deprivation. They see the budget as something that sets limitations and restrictions on them when they want something. For many it even represents struggle or scarcity.

I’m here to suggest the opposite. Budgeting your dollars and your resources will be empowering, providing you with the ability to make real choices and give you the confidence that will make you smile.

As we get older, I am most impressed by those I come across that seem to have it all together in this area of money. An unexpected expense pops up and it’s covered. A purchase that seems random or any spontaneous “emergency” is handled without drama. The difference is that with this group of people these expenses WERE planned and those purchases WERE NOT really that random. They didn’t know it, but because they budgeted their money and resources all along, they were prepared to make purchases not just for the things they really wanted but more importantly for the things they needed…to make real CHOICES easy.

Everyday challenges…

I have a client that makes $250,000 a year and now faces that he will have three children in college…all at the same time. Until we discussed budgeting two years ago, the prospect of all three going to great schools looked dim…that changed…

Braces, Braces, Braces…yes, the cost of a perfect smile. Why throw that expense on a credit card earning the banks 24.99% when by using budgeting tools you can remain IN CONTROL!

Quite a few of my clients are currently going through divorces. Once their reset button is finally hit, a new chapter begins. However, many are not prepared for the expenses that come AFTER the divorce is final. You may have won the marital home in the proceedings and knew you could afford the mortgage payment, but how about the other expenses that come with maintaining the home? If you still have kids to care for, how will you come up with your share of what they need that was agreed to in the divorce settlement? What about college now? How will you keep your former spouse in compliance with the court orders if they don’t keep up their end of the agreement if you have not put aside resources to stand up for yourself and remain IN CONTROL of your new chapter? Budgeting helps give you the confidence to move forward.

Let’s put you in the driver seat by planning for the future now, giving you the tools to make real decisions for the things you want in life. You know, budgeting is NOT a four letter word…I think it’s LIVE now and in the future…

Time to Get Started!

If you are interested in learning more about working with a Budget Coach, check out my Budget Support Packages!