What is the first feeling you get when hearing “Spending Plan”? A little bit of excitement, preparedness, and confidence. Those are the feelings you should have gotten. When you hear the word “Budget” most people feel constrained, negative, and frustrated; not the feelings you want to have.
Fundamentally a Spending Plan and a Budget are the same things however the title affects your perspective and initial thoughts going into the mission. We have looked previously at how to make a budget and of course why someone should have a budget. Now it’s time to spin it around for those of you who dislike the word budget and set you up on the right foot. Let’s take a look at where you’re spending your money, and work toward spending more of it on the things you want more.