How are you feeling about your progress this year with your financial goals? Are you frustrated because you're not hitting them as fast as you had hoped? Do you feel like managing money is a chore? Believe it or not, these problems are connected.
Today, I'm going to break down and show you how to build a flexible financial system that will get you to your goals faster!
Keeping Your Budget Flexible and Fun
Recently I had a chat with rich Jones for the Paychecks and Balances Podcast.
The theme of our discussion was managing finances when undergoing a life transition, but it quickly widen out and scope. After my chat with Rich, our discussion stuck with me.
Having written about personal finance for 12 years and podcasting, a little over half that time, I noticed a certain rhythm with people in their interests and finances.
Beginning of the year, it's all about setting up these big goals, paying off X amount of debt, saving up for a huge house down payment. And for some, it truly is the beginning of an awesome year. They get these new habits set up. They have their systems in place.
But others though, they're already having a hard time keeping up those habits, part of it is life shifts.
Between January and to about April when I look on my side of things with site traffic, And Google searches, that's when people are most interested in their finances.
Further into the year, no matter what camp you're in the seasons change and life rolls on.
With September zooming by and the last quarter coming up. I find it's another point in the year where we reflect. We have this many awareness that the year's wrapping up. We're reviewing how much we've accomplished.
Now on top of the regular seasonal changes in the year. We still have the COVID pandemic that we're dealing with.
Rather than fight the seasonal shifts or craft these perfect on paper budgets, but they fall apart during real life pivots, we have to address a fundamental issue -building a sustainable and flexible system for handling your finances so that you can live your life. And if something happens adjust as needed.
Instead of chasing money as the target or the goal really should be using it as a tool.
In this episode, we're going to break that down so that you can create a financial system that is easy to maintain and adjust and have a sustainable budget that's flexible and fun.
Are you ready? Let's get started!
Handy Tools to Build Your Financial System Quickly and Easily
- Best Budget and Money Apps: Personal Capital, Tiller, Mint
- Grab Your Copy: Jumpstart Your Marriage and Your Money
- Join Our Thriving Families Community on Facebook
- Is the 50/20/30 Budget Right for You?
- The 50/50 Rule to Avoid Lifestyle Inflation!
- Coast FI: A Better Path to Financial Independence
Thank You to Our Sponsor Coastal!
Support for this podcast comes from Coastal Credit Union! If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today.
We’ve been Coastal members for a few years have been happy with their services.
Support the Podcast!
Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it.
- Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
- Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your rating and review on Apple Podcasts.
- Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together!