How did your feelings around money change once you started budgeting?
M O N E Y is the #1 stressor in America. It stresses American’s out more than their health, family responsibilities, the economy, and their job. This stress effects our marriages, our friendships, our health, and our work performance.
Most people think a higher salary is the key to reducing this stress, but in reality 1 in 3 Americans run out of money before payday even for those making over $100,000! It turns out it’s pretty easy to spend just about any salary.
The difference between being stressed about money and at peace with your finances is (with few exceptions) more likely to be based on whether you make and stick to a budget than on your salary.
Budgeting gives you the comfort of knowing what you need to do to cover the essentials with your income. It also gives you the comfort of knowing which wants you can afford guilt free! And, finally, it gives you reassurance that you’re on track with your long term goals.
Budgeting shines a light in all the dark rooms of your finances, chases out the monsters, and shows it’s not so scary after all. Often the unknown is the scariest part of all! - 6 minutes ago