Send us a textI want to challenge your mindset on one of the most misunderstood tools in personal finance — budgeting.The 9 Hidden Reasons We Avoid Budgets 1.    Perceived Restriction 2.    Fear of Discovery 3.    Lack of Motivation 4.    Negative Associations 5.    Unrealistic Goals 6.    Inconsistent Income 7.    Lack of Knowledge 8.    Time and Effort 9.    Peer Pressure You don’t have to call it a budget. Call it a spending plan. A money roadmap. Your goal fund. You can call it Sally or Fred, call it the Money Road map, the peso progress, my journey to a million. Whatever doesn’t make you cringe.Build a Budget in 5 Simple Steps Let’s get practical. Here’s how to start, step by step:Get out a piece of paper, open up a word doc or even better yet use Excel and save it to come back to each month. 1.    Estimate your income 2.    Estimate expenses 3.    Compare & adjust 4.    Track and tweak 5.    Stick with it – Automate, set goals, celebrate small wins. Stay on top of it. Manage your money so it doesn’t manage you!Budgets and serious things are tough to focus on. We are all doing so much during our days. It is a serious conversation but like eating healthy and getting exercise your financial health will catch up with you, one way or another if you don’t do something about it. 

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