why you need to budget

budgeting & beyond

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what's in this lesson?

Ever tried to stick to a budget but just couldn’t do it… or maybe just didn’t feel like it? This series (starting with this video) will help you understand why you need to budget. You’ll also learn the strategies and tools you need make sticking to your budget a priority. Here’s the thing: even though it can sound lame, budgeting can actually help guide you to more financial freedom & less financial stress. But first… why do you NEED a budget? We’re breaking it down in this vid.

why you need to budget

budgeting & beyond

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  • Overview
  • Transcript
  • Resources

why you need to budget

budgeting & beyond

Ever tried to stick to a budget but just couldn’t do it… or maybe just didn’t feel like it? This series (starting with this video) will help you understand why you need to budget. You’ll also learn the strategies and tools you need make sticking to your budget a priority. Here’s the thing: even though it can sound lame, budgeting can actually help guide you to more financial freedom & less financial stress. But first… why do you NEED a budget? We’re breaking it down in this vid.

We’ve all got all sorts of things we want and need in life.

 

Maybe you want to take an epic ski trip with your friends a couple times a year, but you NEED your dog to have all of the best toys & treats. Maybe you want to own a yacht one day, but you definitely NEED to keep paying your monthly rent on time.

 

Regardless of our dreams, we can probably all agree that money is pretty PRETTAYYYY nice to have.

 

And while we may not all have the kind of cash that’ll allow us to party on yachts with Pitbull in the mediterranean, we can all achieve a comfortable level of financial freedom for our specific situations. That’s why you need to budget.

 

The key to creating that financial freedom: creating & sticking to a budget. 

 

A personal budget is an overview or summary that compares & tracks your income & expenses for a period of time. People typically budget on a *month-to-month* basis, and the benefit of doing so goes well beyond just those couple of weeks.

 

Your budget can help you:

  • figure out your long-term financial goals
  • map out some guidelines to achieve your goals
  • experience a sense of control over your money
  • stop aimless overspending

 

Think of budgeting like a warm blanket on the cold, unpredictable night of life. Poetic, right?

 

In other words, having a budget is important because it helps you work toward long-term goals & allows you to face whatever life throws at you.

 

And even though the word “budgeting” doesn’t necessarily draw up the most exciting images, having a budget is actually all about creating more freedom & opportunity in your life.

 

How so?

 

Budgeting gives you flexibility and keeps you out of debt. You might create categories for spending when you make your budget, but you can always adjust the amount you distribute to each of those categories (as long as you don’t spend the money you allocate to your savings!)

 

That way you can stay on top of where your money is going and responsibly save up for those goals you have.

 

Oh, and guess what? It’s been proven that people who budget actually end up saving MORE in the long-term. While that might not sound so cool, having more savings over time can help reduce stress & provide you with some pretty sweet opportunities — and hey, you might even be able to retire early if you get real serious about budgeting.

 

Living life can be REALLY expensive and we need money to get by. Even when we do have money, it can be difficult not to spend too much of it — especially when you don’t have a budget to hold you more accountable.

 

So check out the rest of this budgeting course and start planning your budget ASAP. It’s worth it.

 

what's in this lesson?

Ever tried to stick to a budget but just couldn’t do it… or maybe just didn’t feel like it? This series (starting with this video) will help you understand why you need to budget. You’ll also learn the strategies and tools you need make sticking to your budget a priority. Here’s the thing: even though it can sound lame, budgeting can actually help guide you to more financial freedom & less financial stress. But first… why do you NEED a budget? We’re breaking it down in this vid.

Transcript

We’ve all got all sorts of things we want and need in life.

 

Maybe you want to take an epic ski trip with your friends a couple times a year, but you NEED your dog to have all of the best toys & treats. Maybe you want to own a yacht one day, but you definitely NEED to keep paying your monthly rent on time.

 

Regardless of our dreams, we can probably all agree that money is pretty PRETTAYYYY nice to have.

 

And while we may not all have the kind of cash that’ll allow us to party on yachts with Pitbull in the mediterranean, we can all achieve a comfortable level of financial freedom for our specific situations. That’s why you need to budget.

 

The key to creating that financial freedom: creating & sticking to a budget. 

 

A personal budget is an overview or summary that compares & tracks your income & expenses for a period of time. People typically budget on a *month-to-month* basis, and the benefit of doing so goes well beyond just those couple of weeks.

 

Your budget can help you:

  • figure out your long-term financial goals
  • map out some guidelines to achieve your goals
  • experience a sense of control over your money
  • stop aimless overspending

 

Think of budgeting like a warm blanket on the cold, unpredictable night of life. Poetic, right?

 

In other words, having a budget is important because it helps you work toward long-term goals & allows you to face whatever life throws at you.

 

And even though the word “budgeting” doesn’t necessarily draw up the most exciting images, having a budget is actually all about creating more freedom & opportunity in your life.

 

How so?

 

Budgeting gives you flexibility and keeps you out of debt. You might create categories for spending when you make your budget, but you can always adjust the amount you distribute to each of those categories (as long as you don’t spend the money you allocate to your savings!)

 

That way you can stay on top of where your money is going and responsibly save up for those goals you have.

 

Oh, and guess what? It’s been proven that people who budget actually end up saving MORE in the long-term. While that might not sound so cool, having more savings over time can help reduce stress & provide you with some pretty sweet opportunities — and hey, you might even be able to retire early if you get real serious about budgeting.

 

Living life can be REALLY expensive and we need money to get by. Even when we do have money, it can be difficult not to spend too much of it — especially when you don’t have a budget to hold you more accountable.

 

So check out the rest of this budgeting course and start planning your budget ASAP. It’s worth it.

 

Additional Resources

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