Wednesday, January 21, 2015

FAILING TO PLAN is PLANNING TO FAIL


 
FAILING TO PLAN
IS
PLANNING TO FAIL

Establishing a budget is the act of deciding how much of your money you’re going to spend on one item, how much on another, and so on, before you’re actually in the position of spending money.

Sticking to a budget is the act of following through on those decisions. Creating a budget isn’t easy, but sticking to any budget is extremely difficult.

A budget isn’t a straightjacket that keeps you from really living. On the contrary, a budget that you stick to can be your ticket to living the life you imagine.

Living within a  strict budget isn’t easy, but neither is being heavily in debt, worrying about how to pay for your expenses, and living with the guilt that goes with spending money you don’t have.

WHAT WOULD YOU DO IF YOU DIDN’T HAVE BAD DEBT?????

1)      Save

2)      Make home repairs

3)      Personal Reward (install a pool, shopping trips, etc)

4)      Travel

5)      Invest at a larger scale (stocks, bonds, real estate)

6)      Donate

7)      LESS STRESS!!!

The first time you budget, it’s going to hurt.

The next month, you’ll still be confused.

By the third month, your needs—and the ability to meet those needs— will finally start to make sense.

By month four, you’ll feel like an old pro. What once took hours will eventually take just twenty minutes and might—just might—be a little fun.

Keep following our blog to get more Budgeting ideas!!

Visit www.411LeaseOptions.com or call 270-422-4687 to learn about our Rent to Own program!