So what is budgeting?

Budgeting is really just a way to make your finances align with your goals and values.  It is all about making your money work for you instead of you working for your money.

Budgeting = making a plan for how to spend your money.  This spending plan that you create is called your budget.  It allows you to determine in advance if you will have enough money to spend on what you need as well as what you want.  When it comes down to it budgeting is balancing your income to your expenses to be able to make sure you are living within your means.  It puts you in control of exactly how you want to spend your finances in order to live the life you want.

Budgeting is NOT about restricting you from spending what you want, it is about making a conscious decision for what you DO want to spend your money on!

I have found that a common misconception about budgeting is that it is about restricting you from spending your money the way you want to.  It is in fact the opposite!  Budgeting is all about making a decision about what is most important to you and then making the choice for what you need or want to spend your money on.  It is taking the time to really consciously decide how you want to use your money instead of having it automatically determined for you with every day that goes by and every daily expense that comes up.

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