I know that the word “budget” just sounds like a hassle to many. There are many beliefs that stop people from creating and maintaining a budget. Here are some reasons I have heard: 1) Keeping track of receipts in annoying. 2) Budgets limit spending, therefore limiting fun. 3) I don’t have time to keep track of everything I purchase. I’m sure there are plenty more reasons people come up with in order to avoid this so- called “chore”.
But for me and my husband, our budget is NOT viewed as an annoying chore. In fact it is a HUGE source of FREEDOM in our family! If you don’t already have a budget in place, then I hope hearing how much it is crucial to maintaining peace in our home will inspire you to take control of your finances and gain some freedom as well!
Here are 5 ways that having a budget gives me FREEDOM:
1. I have ZERO guilt when I purchase something. I know exactly how much money I have to spend on specific items, therefore even if I go out and get a new outfit for myself, I don’t feel guilty over it because I know it was planned for. I like the security in knowing that every time I swipe my credit card, I know we have the money to pay off our credit card each month. None of my purchases will cause stress or alarm in our family finances, or put us into unnecessary debt. I also really like planning ahead when it comes to gift purchases. Planning ahead can really SAVE BIG, which also makes shopping for items in your budget even more enjoyable!