07/21/2025
A little budgeting help. You are overwhelmed, don't really know where to start, here are a few tips:
1. Know your Numbers: We love to know how much we made.....but how much did you spend??? You have to calculate everywhere you spent money (bank accounts, credit cards, Cash App, etc.).
2. Compare your income to your expenditures.
And stop right there. Sit in those numbers for a moment. Not to bring shame.....just awareness. You can't change what you will not address.
A great way to begin to do better with your spending is tracking the number of transactions you have in a pay cycle. This is where you will find your leak. The average spender has between 35 - 50 transactions in a pay period. This includes credit card swipes. Any more than this and you may be falling into confused spending (no rhyme or reason). If you are posting more than 50 transactions, I would suggest trying to scale back on the swiping. I call this phase of awareness: Swiper no swiping!!! (My son was a Dora the Explorer fan).
If you want more content like this, like the post and follow me on my BeSpoke Budgeting page. I am committed to bringing financial stewardship to it's lowest common denominator.....and that is YOU!
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