My Budgeting Story

I know to most people; the word “budget” is such a “Bad” word and for some reason brings on anxiety especially when you are trying to make ends meet! But on the flip side I noticed some of my clients prefer to keep all of their finance calculations like their household spending costs and their future goals like planning for a vacation, buying a car and saving plans in their head. There’s always an idea or plan churning in their head, but those plans are never really flushed out or mapped out in a way to accomplish their goal.

Well, let me tell you that I can relate! I kept my hopes and dreams in my head as well, but when the Financial Crash of 2008, I had a real-life crisis of mounting debt, lost household wages and most importantly, we had a new vacation home, and I had bills to pay. Having $25,000 in emergency savings helped, but I burned through those funds quickly without a plan. So, it wasn’t until I had only my bi-weekly paycheck to rely on without an emergency fund cushion did I decided to take my finances seriously and climb out of debt by creating a budget plan to direct each dollar.

What felt like a decade to recover but wasn’t, took me a couple of years to recover and in fact I really didn’t notice that I had recovered. I just stuck to my budget and replenished our savings too!

Fast forward to 2021, my budget and savings routine allowed me to focus on my true costs.  My routine and knowing my numbers allowed me to Retire a year earlier than I planned and set up a personal stock investment portfolio that as of today totals $40,000!

Since you’re here…. What’s stopping you from taking action today?

Why Budgeting Matters?

The Finanical Education Instructor in me will tell you that... Budgeting is the key to achieving your financial goals, from paying off debt to saving for that dream vacation. Take control of your money and unlock your potential!

Budgeting is a critical component in managing personal finances and achieving financial stability. It serves as a roadmap, guiding you on how to allocate your resources effectively. By creating a budget, you gain a clear picture of your income, expenses, and savings, allowing you to make informed decisions about your money. It helps you identify unnecessary expenditures and areas where you can save.

Budgeting also plays a crucial role in achieving financial goals, be it buying a home, investing for retirement, or simply building an emergency fund. It's a tool that helps you plan ahead, avoid overspending, and ensures you always have funds for what truly matters to you. In essence, budgeting is not just about restraint but about making smart choices that lead to long-term financial well-being.

Ways Dollar-Strategies Can Help You:

Download Our Free Budget Workbook!

Our workbook simplifies the budgeting process. Track your income, expenses, and savings goals with ease!