This three part series of articles was originally written by Christa Hudak in November of 2016.
Budgeting documents my financial growth. It is helpful to periodically evaluate where you are, where you have been and where you are going. If you don’t have a record, it is very hard to make this evaluation. It can be incredibly encouraging and motivating to recognize your progress. On the flip side, if your evaluation shows that you have not been making progress toward your goals it may help you realize it is time to start making some changes.
It is important to celebrate your wins and recognize what you have achieved. It fuels your motivation to keep pushing toward your goals and challenging yourself.
Budgeting allows me to live larger. When you are in control of where your money goes you can put incredible focus on the things that are important to you and accomplish more than you ever dreamed was possible. Truth be told, there a lot of areas in which I am very frugal, sometimes to a shocking degree. In other areas, we spend very freely. This practice is quite purposeful and it allows us to have a much greater impact in the things that are important to us than our income would generally allow. Are your finances a hurdle to overcome or are they propelling you toward your goals? Is money a stress and a worry, or is it a tool accomplish things of true significance? No matter your financial situation, you can begin the process of priorities-based budgeting and you will be amazed at what becomes possible.
