Are you ready to make real change in your life?
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Sometimes people think a budget limits us, but actually the opposite is true. A budget is putting money toward what we value, and choosing NOT to spend money on what we don’t value. It is a tool to get us to financial stability, financial freedom, debt free life, and living intentionally in a life we’ve created and curated.
In this episode:
Why it’s important to know what you value
How to figure out what you value
How to build a budget around your values
Why is important to know what you value?
We are constantly influenced today. Movies, TV, professional ads as always. But even more than ever, social media influences us as well. It's like we are just nonstop being shown stuff we need, stuff we need to do, how to do things better, what to buy. It's exhausting.
The way we combat this constant pressure is to be confident in our own core values.
How can you figure out what you value?
It’s a process and it takes time, but here’s two ideas for you:
1. Become ultra aware that you are being influenced.
Turn off the influencing. If you find yourself scrolling Facebook, Instagram, Pinterest, TikTok. Become aware. Turn it off. When you feel yourself getting envious, or feeling FOMO, or feeling like you gotta have that, or your not good enough, or you suck... turn it off.
2. Create a More/Less List.
Write a list of all the things you want more of right now. It could be anything from vacations to ice creams to bubble baths.
On the other side of the paper, write down all the things you want less of right now. It could be anything from stress to yelling at the kids to junk food.
Do this every night for a week, writing down anything and everything that comes to your mind. Then analyze your lists for the things you value.
How do you build a budget around your values?
First, its with your goals.
Paying off yoru debt first gives you more money to work with, more security and stability, more independence. Saving a big chunk of your money just to have for an emergency fund gives you the foundation like okay - now I can spend money wherever I want without feeling stressed or guilty because I have those foundations in place. Now I can save for whatever I want: Vacation. Home projects. Whatever.
You are going to be so much better at not just stolling target and buying whatever because you’re very clear about what you want. You don’t let anything you see become something you "need" or even want.
If you are working toward the things that you love and the feelings that you want, it's easier to stay away from the unnecessary.
Do you see what I’m talking about? This is about more than just money! It’s about
Happiness
Joy
Contentment
Intentional living
Surviving in your motherhood and your womanhood.
It’s about figuring out who you are and what you value.
That’s The Budget Effect - that’s what I’m talking about.
When you start to focus on getting this one area of budgeting in line it causes you to put all these other areas of your life in line. That’s what we’re talking about here.
So if you have not followed the show yet, come on join us. I would love to have you as part of our community WHEREEVER you are on your money, motherhood, womanhood, intentional living journey.
Join me, join us.
I am wishing you less stress, more freedom, and many money goals met. See you next time.
Erin
Written by:
Erin Britt