Ah, the joys of budgeting … Yes, most people have a go at this, but few get it right. They make a fundamental mistake. They make a list of things that cost money. They start with the necessary items, such as loan payment or rent, rego, power bills, insurances, rates, etc. Then they guess at a few other things like food bills, some clothing, etc. They usually forget a few things like holidays, birthday and Christmas presents, etc.
Then they say out loud “We’ll save the rest!”
And they wonder why it doesn’t work.
Wrong! Turn that whole chart upside down. Start with savings, because almost all the people I see who save regularly have it taken out of their pay before they can have a chance to touch it and spend it. Commit to it! Make the decision and put it into place! If you can’t do that you will probably stuff up the rest of your finances and want to blame someone like me when it is your own fault! Please don’t waste any more of my valuable time, because if you want someone to help you, you have to first show that you can help yourself.
Let’s get together to let me show you my budget design. You’ll never know how far I can improve things for you if we don’t meet.
