How To Budget (Envelope System)
Good Morning Everyone!
It is a wonderful morning and I am up and at em!!!! I already did my workout for the day and I am feeling good. Today we are going to focus on how to start a budget that you can stick to. I know for most people this is very hard but I promise if you can get a budget and stick to it you will conquer your finances. Budgeting is the number one way that has allowed me to stay at home with my kids and live on one income. I am strict and budget every dollar my husband brings in. Two years ago my husband was able to take a lower-paying job with less stress making half of what he was making because we budgeted and were frugal. Now that he has a better paying job which we are so blessed that he has, we understand that we can make it on very little and still have a happy healthy lifestyle all because of budgeting. So let's get to it!
Free Budget Form
Second, let's talk about the envelope system and using cash! Using cash holds you accountable. Let's say payday comes and you go to the bank and pull out cash for the expenses you typically overspend on. Let's say groceries for example. If I were to pull out 200.00 in cash for my groceries and stick it in an envelope then that is my budget for food until next payday. If you spend it all then that is it, you make do with the food you have until the next payday. When you go into the store only take your cash envelope and add up everything you put in your basket so you can stay on track. If you go over your budget then put some things back. Trust me it sounds hard but once you do it and form a habit it will become easy. I personally use an app called (Grocery Shopping Calculator) you put in your budget set your sales tax and then add items with the prices and it totals it all up for you, so you know exactly what you're spending. Do the same thing for any other expenses you need to stay on track with.
I hope this post encourages you to take a look at your finances and get them under control. Remember the Lord blesses us with everything we have even the jobs that bring in the money. We should strive to be good stewards of our finances no matter how much or little we have. The Bible says we should not be in debt. Here are some scriptures from the Bible.
Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.
Keep your lives free from the love of money and be content with what you have, because God has said, “Never will I leave you; never will I forsake you.”