Budgets are scary. No, terrifying. Whenever I heard the word “budget” in the past, I always ran for the hills. I equated the word budget with the idea of deprivation. It meant that I couldn’t buy that dress that I was obsessing over or that I couldn’t get a glass of wine with my dinner. My goal while paying down my debt is to focus on my budget as a sense of empowerment, since I am finally making the decision to control my finances. Instead of watching my paycheck disappear within a few hours of hitting my account, I will consciously decide where my money will go. And that seems like a pretty exciting opportunity to me.
As a way of background, I went to law school where I acquired a mountain of debt. Then I married my wonderful husband, who happens to be a financial planner. All of a sudden, I could no longer run away from my debt. This website will outline my journey on the path towards financial freedom.
It is important to note, that budgeting to me is a matter of balance. I do not intend to stop living my life with the sole life purpose of eliminating debt. Instead, I want to embrace the power of debt. I want to make financially wise decisions by engaging in mindful spending. This isn’t about deprivation; it is about focus, strength, research, and knowledge. Now, I am certainly not an expert and I will be learning along the way and maybe someone reading this blog will be able to learn something too.
Stay tuned for more.