Five reasons you can stick to your budget

An article that we found of interest was “Five reasons you can’t stick to your budget” by Erin Joyce, Investopedia.com found in July 11, 2011’s The Globe and Mail.

1. It’s Unrealistic- It’s easy in theory to decrease expenses on your budget, when the reality may be different.
2. It Doesn’t Allow for Indulgences- Give yourself a “treat” when budget goals are met.
3. It Doesn’t Prepare You for Irregularities- Look at your expense for the whole year- so you don’t forget something; however, be aware of the seasonal or random changes.
4. The Structure doesn’t Work for You- Find a structure that is user-friendly, there are a lot of good, free software programs for budgeting.
5. It’s Not Up to Date- Be flexible for changing circumstances, made easy with today’s technology.
6. The Bottom Line- For example, bring your own lunch and know what you are eating-rather than the nitrate laced sandwiches from the ‘greasy spoon’ that cost so much more!