Have you ever had the feeling of Deja vu? Hmmm…wait a minute…this seems strangely familiar…I think I’ve been here before”. I’ve got some bad news, it doesn’t get better as you get older! When it comes to budgeting, I can think of several examples of this very thing I am describing.
Say you pay your credit card off. And let’s just pause for a moment and bask in the glory of that accomplishment. Good for you! You may even keep it paid off for a few months, and then there it is like a slap in the face: you’ve racked it back up again. How did I get back here to this dreaded place? You think about it. Oh yeah…
-you had a low paycheck
-you had a big expense
-you bought a birthday gift for your spouse that was a little over the top
-you bought yourself some new cowboy boots
-a big birthday party for one of the kids
-an unexpected vehicle repair
You get the idea. Whatever it is that got that balance back up there is how you wound up with Deja vu. Why can’t you get this to be permanent? Because if we want to get a different result, we must take a different path. The same path always leads back to the same place.
Let’s pretend you are a couple who likes to eat out. You love it! It’s better than planning meals and spending time cooking and well, it’s just easier. Plus for you, you enjoy the social aspect. It feels like a mini-vacation in a busy and demanding schedule. One day you are curious and do a little math. You grab a calculator and add up your restaurant totals from the past few months. You are falling over in disbelief of the total…yet part of you feared that it would be even higher. It varies between $550-750 per month. Because you add wine and whatever is on tap to your meal, the total goes up pretty fast. And that one time, you picked up the tab for your parent’s Anniversary, which was an even bigger bill.
You say to each other “this is out of control and needs to stop.” Your yearly total at $550-750 each month is $6600-9000/yr. That’s a vehicle payment! You could take 2 decent vacations for that, or pay down some debt, which may not sound exciting, but it could be done.
So, you get your eating out down to $150/month, which you feel great about. A couple of months go by and you’re hit with a bad month of $625. What? You were doing so well, so how did that happen? You think about it. Oh yeah…
-it was a stressful month
-your schedule was more demanding than usual
-you weren’t focusing on it
-you sort of knew it was running away on you, but you didn’t dare pick up a calculator.
-your confidence was perhaps too high from the couple of good months you did have there.
Why can’t you get this to be permanent? Because if we want to get a different result, we must take a different path. The same path always leads back to the same place.
If you choose Easy Peasy Budget as your new path to get to a better place, not only will I show you how to identify areas that are a problem for you, but also how to stop them from running away on you. Let’s say you identify 2-3 areas that you can get under control, you can potentially save hundreds of dollars per month that can go toward something more meaningful.
You’ll learn more about “Putting A Cap On Expenses” in Video 6 of the 11 Training Videos. You might also enjoy Video 5 where I share with you “My Worst Category for Spending”…we all have one, you know. What’s yours?