The Missing Step in Your Budgeting Process
Feb 18, 2025
When was the last time you compared what you budgeted to what you actually spent? If you can’t remember, don’t worry—you’re in good company. For most women, this overlooked step is the reason their budget doesn’t work.
Taking a few minutes to track your spending and compare it to your budget is more than just accountability—it’s a game-changer for clarity and control over your finances.
Here’s how to get started:
- Track Your Spending: Use tools like my “What You Owe and What You Own” Money Audit or an Excel spreadsheet. These tools simplify tracking and help during tax season.
- Review Weekly: Spend a few minutes reviewing categories like groceries, gas, and dining out. Adjust your plan to avoid overspending.
- Make Adjustments: Small tweaks can prevent weekend splurges and keep you on track with your financial goals.
By adopting this simple habit, you’ll:
- Spot spending patterns draining your budget.
- Gain peace of mind knowing exactly where your money is going.
- Build the confidence to make smarter financial decisions.
Mini Challenge: Try a “No Spend Day” this week! Challenge yourself to avoid spending for one full day and see how much you can save.
Finally, remember: budgeting isn’t about perfection. It’s about progress. Ready to take control? Download the “What You Owe and What You Own” Money Audit at www.SingleMomMD.org and get started today.
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