So what was I doing wrong with money?
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1. The first thing I was doing wrong with money, was not having a good plan for where my money should go. I have since learned how to give every dollar of income a specific assignment each month. And my overspending has gone down a lot!!
2. The second thing was not having a strong reason to stick to a budget. I call that my Why. I just budgeted because I thought that’s what you do when you have your own household. When you have a reason why you are sticking to a budget, it changes everything and helps control the overspending drastically!
Some possible reasons
- See your hubby graduate without any student loans (this is my reason)
- Get out of debt
- Travel
- Give more to your family and to others
3. The third thing that I was doing wrong, was not addressing the emotional aspect of money. How we handle money is much more tied to our emotions, than it is to the math.
Recognizing there are emotional reasons for why I spend the way I do and looking ahead to what I want to do with money has changed my entire motivation.
Now, I am much more willing to delay gratification because I have a dream of what I want to do. Money is simply the tool to get me there.
Now on to the 29 proven ways to slash your overspending... click the Read More button.
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Hi! I’m Charissa. I’m on a mission to help hardworking women overcome money struggles and gain financial peace with a Biblical perspective so they can have the freedom to impact their families and communities. Ready to make some changes that will impact your finances in 2020? Click here to get a free worksheet to help you make it happen!