Give Your Budget a Purpose to Make It More Effective

Budgets are easy to break.

They get old; they get boring.

Money blog Rags to Reasonable points out that budgets often fail because they lack an essential ingredient: purpose.

I didnt really think about why or how; I just followed the rules I read in a book.

I created a budget, and sometimes I followed it, but mostly I blew it.

I quickly realized that my budget lacked a purpose.

What that passion is doesnt matter… but it NEEDS to be there.

So what are you passionate about?

Wanna sing at the Met?

Wanna build a dream home?

Want to travel the world?

Thats the plan (budget) that you better make.

The plan thats based on your deepest wants and desires.

Thats what turns another bullshit budget… into an amazing life plan.

after you snag a reason for sticking to your budgetand a specific oneits a lot easier to follow.

Check out the full link for more insight.

THE KEY TO BUILDING A BUDGET THAT DOESNT SUCK| From Rags to Reasonable

Photo byHeatherPaque.