Budgeting Is Not Restriction. It Is Optimization. Most people who have tried budgeting and walked away from it did not fail because they lacked discipline. They failed because they were operating under a definition of budgeting that was never going to work. The definition sounded like this: a budget is a list of limits. It…
Remember your first apartment? The excitement of having your own space mixed with the reality of monthly rent? Well, buying your first home is like that – but with way more zeros involved. It’s exciting, overwhelming, and sometimes feels like trying to solve a puzzle while blindfolded. But don’t worry, we’ve got you covered.
( reading time: 6 min 24 sec ) The term ‘spaving’ is so new that Wikipedia hasn’t listed it yet. Unplanned spending because it saves you money is the best of intentions, missing actual reality. Most of us are guilty of this justification for spending. It is not a question of whether we have done…
Many of us feel that our income is a barrier to our goals. Even when our income increases, we feel we are on the wrong side of a wall. Eventually, we may achieve our goals, but something says we should be able to reach them sooner.
What mystery secret transforms personal finances from what appears to be a barrier into a breakthrough? It isn’t a one-time quick fix; it is the answer that keeps on working. That answer is preparation. It isn’t procrastination hiding behind preparation. It is the practice of preparation along life’s journey that changes everything.
Many people say they lack character. They speak of character as genetic or a chemical reaction outside their control.
What if there were a way to change our minds? It has been said what you don’t know cannot hurt you, but science studying confirmation bias doesn’t support that cliche. After coaching many clients, we have found a common strength to those getting budget traction that is missing from those who don’t get traction. That strength is clarity. While many methods approach helping with this target, a particular mix wins today and in many generations past.
Sometimes, we feel good about the future, and sometimes our feelings don’t motivate us. Feelings can work in our favor and against our best interests.
So, the answer to better results is multilayered. We must understand when our feelings contribute to a better future and when they are distracting. Sometimes, we choose a season of discomfort for the promise of greater rewards. That is our best guide; acting on rewards and avoiding regret will give us the best life.
It’s so much fun to get a financial boost. It can relieve stress when you feel like you are drowning in bills and barely making it from paycheck to paycheck. It can provide funds to buy that special something or to do that project you’ve wanted to get to.Â
Spending it will still be exciting in ten minutes or ten days. We must let our emotions settle and make a plan that brings us happiness today and satisfaction when considering our decisions in six months. If we want to make our goals and obligations part of this event, we must get intentional.
( reading time: 5 min 5 sec ) What most of us want is the car of tomorrow today. We want an experimental vehicle that is super dependable. What most of us have for options are new and used cars. We can buy the vehicle of choice if we have a large surplus. The rest…
( reading time: 7 min 5 sec ) Who would pursue an illusion? How can we spot an illusion? When gardening, sufficient water is necessary for our food to grow. While we rely on rain for this water, planning and preparing ahead of time is wise. Similarly, having enough income to cover our expenses is…
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