@raemichelleplanners: A budget is a bridge, not a cage. Your budget should feel more like yes and less like no. Include your sources of joy. Include your values. But do it wisely. Step 5: Budget To Do: At least one December paycheck Time to create: 30 mins Daily tracking: 2-3 mins 🔹Use a sequential system that allows you to direct your money in a winning order. I use the 8-Part Budget™️. Step 6: Summarize To Do: End of budget & Dec 31 Time commitment: 60-90 mins (less if you’ve been tracking daily) 🔹Questions to ask: 👉🏽 What was our highest spend area? 👉🏽 Where did we go over budget the most? 👉🏽 What went well? 👉🏽 Were there any unexpected expenses? 👉🏽 What expenses can we cut that truly don’t make sense (e.g. subscriptions we don’t use)? 👉🏽 How can we position ourselves to save/invest more? Step 7: WIN. New year, new budget. Steps: January Money Calendar + Budget(s) To Do: Dec 31 - Jan 1 Time commitment: 45-60 mins 🔹Use your Dec numbers to create a realistic, well-balanced budget. The goal is to brilliantly multi-task your money. The only time to tunnel-vision is when high-interest debt is involved. #paychecktopaycheck #howtosavemoney #budgetplanner #savingmoneytips #financegoals #2025budget #financetiktok #budgettok

Rae Michelle Planners

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Friday 18 October 2024 18:12:43 GMT