Here are my top 5 reasons to have a budget – plus how it brings me freedom!
One of the things in my life that keeps my marriage and finances stable is having a budget in place – AND Sticking to it! I’ve heard so many people ask my why you should have a budget, or what are the advantages to having a budget. Or they need guidance on how better at keep track of their money so that they don’t go further into debt. They will also tell me about tension they have with their spouse over finances. The benefits of budgeting in our house is that it has solved all of these common problems!
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 excuses 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 Reasons To Have A Budget Plus How It Brings 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!