How To Make a Budget That Works

Everyone likes to make money right? But not everyone spends it the same way. I am not going to take you through the math of this situation but im going to provide you with the tools that have helped me with my budget.

I was once placed in an awkward situation where my habits turned ugly as I began to make money and spend it without thinking of the consequences that were being accumulated. I love the fact that I can go out buy stuff.  As time went by I realized that I was buying stuff that I never needed. Why? Because when I moved to my apartment there was stuff stored away for years.

Not a pleasant site at all. Hoping to catch up on my past, I started to go through my stuff. Of course things got better financially, no I did not get richer but I began to study and focus more on things that really mattered. I would like to share with you how I managed to live within my comfort zone.  Your wondering; what comfort zone! I am talking about your daily needs. These needs are very important to list. I compared by habits now to my past and with amazement, I see results that benefit my family.

Breaking out of that bad habit of spending a lot has to be priority number one on your list. Did you know that 99% of people suffer relationship problems over “Money Issues”?  Yes; money is a real big problem in our home. We need to learn how to “Manage our money” in order for us to correct our problems at home. 

You need to start with a list. This list contains all the information that pertains to your home.  Follow the list like this:

This is a very simple list that will take you through the process. Now the real game begins. I spent countless hours working on my budget but in the long run it will work if you put all your efforts into it. 

Household Budget List

  1. Monthly Earnings (All Checks, Deposits) etc
  2. Receipts of all purchases
  3. Pencil
  4. Paper
  5. Calculator

In my next post I will show you how I used this list to my advantage. Once you gather these items, the rest will be easy. So take sometime for yourself to begin a journey that will benefit you and your family.