“A dream written down with a date becomes a goal. A goal broken down into steps becomes a plan. A plan backed by action makes your dreams come true.” ~Greg S. Reid
We’re all dreamers and essentially goal-getters – however, whether or not we reach our goals depends on our strategy. With money being our daily currency, we truly have the power to achieve our dreams by having a budget become our best friend.
We’ve all grown up being instructed not to talk about three charged topics, with “money” being one of them. I know when the “B” word comes up in public conversation, many cringe a little. The word “budget” has been given a bad break because instead of seeing the potential it can open up, people often view it as a restriction to doing what they want. It becomes just another rule to follow.
However, this is hardly the case. Budgeting isn’t about limiting yourself – it’s about achieving the things that make you happy. Budgeting is really all about being intentional with your money and creating an action plan to take control of where your cash is ending up each month. This can help you clearly see where your income is going, where you can save, and how to achieve your goals! That may mean establishing emergency funds, planning for retirement, getting out of debt, or just simply maintaining a budget to keep the grocery bills under control. In spite of everything, it’s important to know that it’s not your salary that makes you rich – it’s your spending habits.
When we set expenditure limits, we create a whole new level of freedom and creativity maintaining them. The mantra of not giving up what you want most for what you want now is practiced through your spending habits. Once something is budgeted for, you can start to spend money without being left with feelings of buyer’s remorse, which is a valuable lesson for us to learn and model to our children. Achieving small goals of purchasing that expensive video game your son wanted for his birthday, or simply gifting your parents a nice meal at their favorite restaurant for their anniversary, can really create so much gratitude and give greater meaning to every hard-earned dollar.
It’s amazing how much more we can appreciate life when we scale back and intentionally save for it. The strengths that are built and the freedom that comes when you replace instant gratification with a plan for your hard-earned salary releases any stress and guilt that can come with it, allowing you to really enjoy life even more.
Within the pleasure of pinching pennies, work hard to play hard, and be confident in the fact that you know you truly have the power to make your dreams come true.
Shawna Sabedra is a freelance writer and editorial assistant