4 Questions To Ask Yourself At The End Of Each Month To Stay On Budget by Aisha Taylor
The idea of a “budget,” can be intimidating. However, budgets are designed to help give you a framework of what you can do. Just like an architect would never build a structure without a blueprint, you should not manage your finances without a plan. The end of each month is a great time to review your budget and how well you followed it. This will allow you to track and monitor your progress, respond to financial challenges within a reasonable time, and increase the likelihood that you will adhere to your budget. To help guide you in reviewing your budget, ask yourself the 4 questions below at the end of each month. Question 1: Did I follow my budget? Creating a budget can be challenging, but following it is no joke! Therefore, kudos to you if you were able to follow it or even kind of follow it. If you found that you had challenges following your budget and that you did overspend, then congratulate yourself for trying, forgive yourself for overspending, and commit yourself to star