If we look at the scope of life there’s a few mainstay pillars that are consistent in individuals. These pillars are areas most of us focus on or which impact us greatly. I would categorize them like this:
I’m willing to bet that every decision you make (good or bad) on a daily basis has one of these five pillars in mind. The lifestyle we live, the clothes we where, the jobs we work, and the values we have are all by-products that show how these five areas are progressing in our lives.
With a new year always comes new goals. There’s a good chance you have a goal pertaining to one of these five pillars:
I want to go to church a couple of times this year. I want to learn more about what follows this life.
I want to start a family or take a next step in a personal relationship.
I want to earn a promotion, change jobs, etc.
I want to go to the gym or simply stop drinking soda.
I want to handle my money better.
Each goal will differ per person, yet the reality is the same. The only way you and I will attain any goals if by self-discipline. If I want to grow closer to God, I have to read His Word and talk to Him. If I want to become physically fit, I need to go to the gym.
If you want to manage you money better, you need a budget. There’s no other way around it. If you ever thought one word could instill fear in an individual — then you found it with the b-word.
In my experience, most people are intimidated by budgeting simply because it appears as a difficult undertaking. Budgeting is a process.
The first step is simply figuring out where your money is going. An effective budget tells your money where to go, so it’s imperative to layout all income and expenses.