Well well well. It’s 2021 and it’s time to get serious about your finances. We’re for that here at Ideal Balance.
Here’s the thing though: don’t allow your brain to overcomplicate it. You just need a nice, simple plan to reset your finances.
- Have a budget meeting. Talk with your spouse or your friend about your goals, your hopes, your dreams, your struggles and your paychecks at this meeting. Sometimes we just need to make it a point to sit down and talk it all out. To really cast a vision for our finances. That’s what a budget meeting is all about. It forces you to be intentional and thoughtful. That’s really what will fuel any of the hard decisions you make-understanding what you’re doing and why.
- Get on a budget. Even if your budget has $1000 for eating out, you need to get on a budget. If you decide to start downsizing some of the line items, that’s fine. But start by making a plan for EVERY SINGLE dollar you earn. That’s all a budget really is. Projecting how you’ll spend your money. So, make one and just plan to get a little better each month.
- Try using cash for one or more budget line item. Using cash is one of the biggest habit changes our clients go through and it’s also one that creates the most profound results. Our clients typically give us at least a little bit of pushback about using cash. We get it. But once they do use cash they begin to develop an entirely different relationship with their money. First, cash is a REALLY good accountability partner. It’s not like a swipe card that flakes on you- sometimes it works, sometimes it doesn’t. No, cash is either there or it isn’t. Cash also helps you stick to your budget by not messing with your accounts as bills come and go. Cash helps you get used to having money because, we tell you what, if you stick to the plan you will feel like you have more money and you will build wealth. Finally, cash helps you make smarter purchases because studies show you don’t spend as much when it’s cash versus when it’s a card.
If you’re interested in working with us to stop stressing, stop living paycheck to paycheck fill out the contact form here and we’ll be in touch.
Ideal Balance is The Life Coaching Facility in Navarre focused on Fitness, Family & Finance. We know people are stressed about money, they’re unorganized, they’re unhappy with their bodies, they’re distracted and they’re not thriving. But we believe humans are built to be strong & energetic and that good things come to those who work hard and are disciplined. So we coach people to get healthy, to get organized, & to get debt free. The vision is people having a happy & healthy life they’re proud of. We don’t take excuses but we do get results!