We may earn money or products from the companies mentioned in this post. I never recommend anything I don’t personally use and fully stand behind.
The Tool that Transforms Your Life in 30 Minutes
In my early years, I often turned my attention to those successful celebrities, having it all. They have an entourage that does everything for them, they live the life of luxury, and they have all the money they’d ever need and want.
And I thought to myself, there is no way to live that dream life unless you were some kind of celebrity or super smart and successful business person.
But, I was wrong.
We can all live that kind of life.
I mean, not having an entourage and always being on a beach somewhere, but you know, we could still have those little luxuries sprinkled in our lives too.
We could own our house, have nice cars, go on vacations regularly, and even have money saved and invested.
All while still being an ordinary person.
Really, no joke.
It just takes one tool to help us get there. That one tool helps transform all our dreams to actual, achievable goals.
That one tool, believe it or not, is a BUDGET.
Before you bounce off this page, just hear me out. And if you still don’t agree with anything I’ve said, then you’re free to bounce off. I’ll understand.
Because I guess, budgeting (as simple of an idea as it is) just isn’t appealing to everyone.
I get that.
But, what if it could change your world as you know it?
What if it could make your dreams come true? By giving you a plan and a time-frame on how and when you’d be able to achieve this goal, that was once a dream?
Wouldn’t you want to at least give it a chance? If it doesn’t work, you’ve essentially just lost a little bit of time.
If it does work….well, you’re life will change…for the better. And the great part is, it won’t take more than about 30 minutes to create a unique budget that works for your lifestyle.
Budgeting is a mindset you have to have in order to change the way your money functions in your life. To take full control of your life, you have to start taking full control of how your money is spent on a daily, weekly, and monthly basis.
The most successful people who are financially stable, always have a budget. Even the richest people that pop in your head right now as you’re reading this either maintain a budget themselves or have an accountant who does the budgeting for them.
Yes, your budget is the single most important tool that you can have in your arsenal for success with your money.
In fact, I think it’s so important, I’ve created a Cheat Sheet for you to get started for FREE!
Let’s look at a hypothetical situation.
Say, you want to go on vacation. Well, you probably start with a plan. You need to know where you’ll go, when you’ll go, and for how long. You’ll probably start researching the hotels or airbnb in the area to get the best deals. You’ll look at the activities and restaurants there and you’ll look for the best deals on flights.
But, why do you do all of that?
Because you want to have the greatest experience on that trip. You want to know what you’re getting yourself into and what to expect. You don’t want to leave anything to chance. Because, let’s face it, you don’t want anything bad happening that you could have planned for ahead of time.
And this is just a few days or a week of vacationing.
Now, why do we leave our entire LIFE to chance?
Why do we not plan everything or…almost everything out the same way?
Is it because vacations are much more exciting to plan out?
Yeah, I agree with you on that one.
Life and money planning seem boring and tedious. They seem to be complicated and you really just want to spend your days relaxing when you’re not at work.
I get it.
I was there. I know how that feels.
But, what if I told you that planning out your life and your budget can actually result in you having MORE vacation days? More free time? Better options for your life?
You see, planning out your vacation is great, but it only lasts a few days and then you’re back on the grind, wishing you were still on that beach.
But, planning out your money will keep you on that beach longer, if that’s what you desire to do.
Budgeting helps you organize your priorities based on where you tell your money to go.
Let’s say you want to buy a house. You can put money in a sinking fund, which is essentially a place where you save only for that one purpose, in this case buying your house. Every dollar you put toward this category will get you closer to your dream of buying the house.
Let’s say you want to retire early. Then, you’d put more of your money in investing and saving, so you can make more money and be financially independent earlier than the average retiree. In fact, as I write this, the average retiree depends on social security or a moderate pension to survive. But, if you’re planning for early retirement, chances are that you’re preparing to be financially independent and your priorities in saving and investing will reflect that.
There are even free helpful calculators like the one below that help you pin point when you’ll be debt free, how much you need for an emergency fund, or how long it will take for you to have that down payment saved up.
Try it for yourself. It’s free and soo easy!
So, with this, we’ve established that budgeting is not the enemy here. It is the one tool that will help you get to your dreams faster. And you’ll even know when you can achieve that goal.
It’s actually pretty amazing when you think about it.
I mean, this one spreadsheet or piece of paper will help you turn your dreams into actual reachable goals.
And all you have to do is jot those dreams down in terms of money goals?
Yup, that’s pretty much all you have to do. Of course, you do need to check in and make sure you’re actually staying within budget.
Because, let’s be real for a sec, if you write down your budget, but don’t actually live by it, then nothing will change.
Your dreams will just remain those “Some day” dreams instead of “By this time next year…” goal.
Which one would you rather have?
I’m all about setting goals.
I remember driving by houses in my favorite neighborhood and thinking I would never be able to achieve that. But, my budget changed that. I’ve been in my house for 7 years and I absolutely love it.
I had the same thought with buying a new car and going on vacation…and wait…my budget changed those things too. Virtually anything I’ve wanted in my life was reachable once I added it to my budget.
If you’re new to budgeting or just don’t know how to get your budget to work for you, I’ve been there too. I know how frustrating it is feeling lost and feeling like this budget thing is just too complicated and tedious.
By this time next week, you’ll be well on your way to achieving those dreams you thought you couldn’t reach.
I’d love to hear your thoughts. Where do you want to be in a year and what’s your plan to get there? Do you already have a budget for your dreams or is your budget failing you?
Comment down below!