Comments on: How to Stay Motivated When on a Budget

By: Cara @ Fashionably Frugal

Cara @ Fashionably Frugal — Mon, 21 Nov 2016 17:29:02 +0000

This was the motivator I needed. I have been really good about my budget for the last few months but have been starting to slip and feeling like a failure. It really is helpful to know that a lot of other people have that problem too. Now I just need to work on forgiving myself and focusing on the areas I did well in.
Thank you for your advice, it really gave me a boost!

By: Ken

Ken — Mon, 04 Jul 2016 18:51:32 +0000

Great points! We have done some moving things around in our budget for sure. I’m a believer that if you don’t tell money where to go you will wonder where it went! Hence, the budget.

By: Dividendsdownunder

Dividendsdownunder — Wed, 29 Jun 2016 21:50:46 +0000

We are big believers in budgets too, we stay motivated by trying to ‘beat’ our budget. We always make sure to allocate generously. We start with what we expect something (Eg food shopping) to cost over a year, then we add like 10%) then we try to beat that amount as much as possible :)

Tristan

By: Harmony@CreatingMyKaleidoscope

Harmony@CreatingMyKaleidoscope — Tue, 28 Jun 2016 20:08:39 +0000

We actually don’t have a budget right now. The plan is to cut expenses as much as possible and put it towards our debt. That being said, it will be very important for us to develop a strict budget once we get closer to semi-retirement. Our new lifestyle will be very dependent on keeping our expenses at a set amount. Regardless, these are good tips for perseverance when it comes to money.

By: Erin

Erin — Tue, 28 Jun 2016 02:26:12 +0000

In reply to Brian @ Debt Discipline. Yes, shifting your mindset around to being in control is SO important! You can't feel trapped by it, or it's not going to work.

By: Erin

Erin — Tue, 28 Jun 2016 02:25:28 +0000

In reply to Rachel @ The Latte Budget. Yep, same here! It's so bad. Even if I come $30 under for some categories (and under overall), I would only focus on my losses. I'm happy to hear you're giving yourself some breathing room!

By: Erin

Erin — Tue, 28 Jun 2016 02:24:08 +0000

In reply to Kalie @ Pretend to Be Poor. That's interesting you set an annual budget, but not monthly. I'm glad it works for you! It's nice to have a general guideline for your money, but some people get too lost in the details (me) for it to work effectively month-to-month.