Tag Archive for procrastination
You work hard to earn a living. So it’s best to make wise decisions when you spend that money. That’s where a household budget comes in.
A budget has obvious advantages. Like seeing at a glance what we have coming in, what’s going out (and what that money is paying for). You also get an idea if there’s anything left at the end of the month to put into savings.
Before we dive into exactly what a budget can do for us, let’s consider a few points. What will happen if we’re not tracking income and expenses?
You may end up spending more than you’re making in a given month (or two, or three). Over time that can put you into some pretty hot financial water. You may also spend a lot more than you’d like to believe on things like eating out, going to the movies or new clothes.
Having a budget gives you more control over your true spending wishes. That could be dinner and a movie, or not. Wouldn’t it be nice to have an actual choice?
A Budget Tracks Where Your Money Is Going
A budget’s only job is to track your money. You record where the money comes from each month (your income) and then write out everything you spend it on.
Start with your regular monthly bills. These include your mortgage or rent, utility bills etc.
What’s left is your discretionary income.
A Budget Helps You Spot Wasted Money
Having it all in front of you in black and white helps you identify things you’re wasting your money on.
Budgeting forces you to reconsider if you want to spend well over $200 a month on Cable TV. Or $150 on your large cell phone plan. Or how about that yearly magazine subscription to something you no longer read? Go through your expenses and reevaluate if this is REALLY how you want to spend your paycheck.
A Budget Allows You To Be Proactive About Savings
Saving money without a budget is hard. We go in with the best of intentions at the beginning of the month. But somehow there isn’t anything left at the end of the month.
A budget gives you a chance to be a bit more proactive. Set aside some money for savings at the beginning of the month, even a small amount like $20.
Put it in the budget as a regular expense, much like you do with your other urgent bills. If you need to, open a separate savings account so you’re not tempted to spend it.
A Budget Ensures You’re Not Spending More Than You’re Making
Your budget will keep you on track and help you avoid overspending. And I don’t have to tell you that that’s pretty important for your financial well-being.
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Overheard: ““While money can’t buy happiness, it certainly lets you choose your own form of misery.”
~ Groucho Marx
Quick reminder- Our guest on today’s CHI FOR YOURSELF is Tori Hartman, author of CHAKRA WISDOM ORACLE: How to Read the Cards for Yourself and Others.
We’ll begin at 1 pm Pacific, 4 pm Eastern time at chiforyourself.com
“See” you then.
Our next scheduled CHI FOR YOURSELF guest will tell us about using intuitive power to bring profound growth into our lives. Tori Hartman is the author of Chakra Wisdom Oracle: How to Read the Cards for Yourself and Others. Her system of cards and workbook is designed to help you break through blockages and achieve your dreams.
Join us for CHI FOR YOURSELF and Tori Hartman. Thursday, September 7th at 4 pm Eastern, 1 pm Pacific time at chiforyourself.com.
Another week goes by. Maybe you’re thinking about that “lucky” friend or relative who knows just exactly what to do with his or her life.
Maybe you’d like to know that feeling, too. And maybe you know there’s something special you’re meant to do but you’re not sure how to go about it.
This short video is intended to get you back to putting your attention on your dreams. So “pop the cork” on your bottle of dreams and get to dreaming!
Click on this player and “toast” to a fuller life!
Overheard: “Enough is a feast”
Growing numbers of respected physicians and health care professionals agree on the benefits of aromatherapy. They’re finding that pleasurable smells go to work immediately on your brain, easing pain and relieving stress.
How does this work? It has to do with the way your nose communicates with your brain.
Aromatherapy affects your brain’s emotional center, also known as your amygdala.
CHI FOR YOURSELF invites you to check out a FREE list of some popular aromatherapy scents available in essential oils and other products, as well as the healing benefits they provide.
Click on this button to get the report:
To your health!