HOW TO BUDGET AND FEEL FREE

For most people budgets, like diets, are about deprivation.  And that’s why neither work in a lot of cases. But it doesn’t have to be that way. As a financial adviser, I discovered that there are two great truths about budgeting.

Sherpa’s two truths about Budgeting:

• You can’t out earn bad spending habits

• When a budget is in tune with your values, it is liberating and sustainable

Kate Moss, the model, is famous for saying you have to want to be skinny more than you want chocolate cake. “Nothing tastes as good as skinny feels”. Although I don’t recommend the Kate Moss diet, she hit the nail on the head. What Kate means is that if you know what really matters to you, and your daily diet aligns with that, then it’s easy to reach your goal. Same goes for budgets.

I prefer to think of a budget as a spending plan. Attitude is everything; if you think of your budget this way, it really is about freedom:

How can I spend what I’ve got and achieve what I really want?

Step 1: KNOW WHY YOU’RE ON A