How do you stay focused and inspired when you’re tempted to go off your budget? For me it’s self control and willpower. I think it’s important to have a strong emotional connection to your goals. Rather than having a goal of I want to stick to X budget or save this much. Why are you saving? For your family? For financial freedom? Keep going with the whys until it’s so clear to you, you can’t see why you would do anything else. This can get you pretty far.
I will teach you today, how to you stay focused and inspired when you’re tempted to go off your budget.
Remember how hard it was to claw my way out of debt. I remember how painful it was being unemployed for 9 months, coasting along for the first 3 thinking I’d be fine since I had 7 months’ savings plus unemployment for 6 months, then the unemployment and savings running out, then the credit cards getting maxed out, finally finding a job and clawing my way out of debt in a year.
I also keep a written monthly budget on my phone (EveryDollar App), and I put every penny I spend into the app. Before I buy anything I look to see if it’s in the budget. If it’s not then I either have to not get it, plan to save up for it, or not spend somewhere else and modify the budget accordingly. But I also have “poor kid syndrome” so I’m always horrified of being broke even if I’ve got a good job and money saved up.
Also work with cash – once it’s gone it’s gone for the month. Remembering that you can’t spend more than you make. Remembering I can’t afford it…
So let me know how you stay focused and inspired when you’re tempted to go off your budget.