Budgeting can be rigid, restrictive and psychologically stressful. A budget can be like carrying a burden on your back wherever you go. Who wants to document the financial goals that they were never able to reach? If that’s your idea of a budget, then consider automatic savings.
One why to get away from all these depressing ideas that budgeting conjures up is to trick yourself into saving money. There are many ways to do this. One way is to setup an automatic withdraw from your checking account into your saving account each month. Automatically withdrawing money into a savings account each month is a great idea if you are tempted to spend any money that is available. At the end of each month, your monthly statement will bring you joy as you continue to meet your financial goals.
Try Easing Into a Budget
Tricking yourself is a great idea to get started, especially if you struggle with the idea of budgeting or have a hard time saving money that is not separated into a different accounts. Automatically saving is a good first step, but if you want to take it a step further and get a tighter grip on your finances, then budgeting is still one of the best methods. Try easing into a budget over a period of one year. That way it will be much easier to adjust to.