Setting a budget is one thing. That’s the easiest part of the whole process. Setting a budget is exciting, but it’s no joke. The hard part is following that budget. Depending on how strict the financial goals you have in mind are, the difficulty in maintaining said budget can vary a lot.

I have tried multiple different budgets for multiple different reasons. None, so far, have been particularly successful. Until now. The success or failure of budgeting is almost entirely down to self control and discipline. Getting rid of the thoughts like “If I just take out a few dollars here and there it won’t hurt.” is the first step. Know your goals and stay true to them. Another important factor in a successful budget is being reasonable. Leave yourself some leisure money so that you don’t have to dip into what is meant to be savings. The power of the mind plays a huge role here as well. The strength of your will to succeed at your budget plan is entirely will power. If you want it, make it happen.

I have a new budget plan for myself that starts now. It’s reasonable, allows me to save a lot and keep on top of my bills/debts. It’s exciting to think how that could look in a year, 5 years, 10 years and so on. My new budget also allows me to stay living in the apartment I currently have in Stratford, London instead of doing something more drastic such as moving.

Just remember that your goals are only as successful as your will to make them happen. Stay true to your goals and you’ll live happy and successful.

Header Photo by

Sharon McCutcheon