Budgets take too much time
"Budgeting just takes too much time. Besides, what's the point anyway. I already know I hardly have any money to spend after bills are paid."
I've heard it many times and used to say this myself! The ironic thing is, some budgets DO take too much time! It's crazy. There are some programs out there, paper and electronic that are so incredibly time consuming that it's no wonder someone would respond with a negative feeling about budgeting.
I recently published an article called, "Busting the budget myths." It's only available to Debt-Free Living members but I thought I'd give you an excerpt from that article this morning.
Most budgets out there today are not so frightening, but what some of the complicated ones have done is instill the myth that making a budget and maintaining it will be just too much work to make it worth it.
The truth is, budgets, in and of themselves, do not take that much time at all. In fact, you could probably set one up in less time than it takes to eat a meal.
Commercially produced budgeting programs have worked hard to be all inclusive and this hasn't helped. In other words, they have worked to have every conceivable "feature" so as not exclude anyone or any possible situation. The result has been an overwhelmed consumer looking at a hundred different categories of where to put their money and not having a clue about where to begin. To make matters worse, these things are packed into a book with even more worksheets, calculators, tools and a ton of instructions to learn how to use it all.
By making the budget so complex, some really do take a long time to use. It's no wonder that it would seem like it would take forever to complete it.
There are some good products out there though that have kept the budget program within the boundaries of the essentials. While they don't have all the bells and whistles, they are exactly what you need in order to bust through the myth that budgets take too much time. I'll tell you what to look for in a budgeting program later on.
Setting up a budget does not have to be overwhelming, nor does it need to take a lot of time. In the above article, I explore two other pervasive myths and give you some tips on what to look for in a good budgeting program.
If you'd like to read the rest of this article, just sign up for a Debt-Free Living membership, it's absolutely free! You'll get special access to the Member's section with more premium articles and additional content to help get you started on your way to a life free from debt.
I've heard it many times and used to say this myself! The ironic thing is, some budgets DO take too much time! It's crazy. There are some programs out there, paper and electronic that are so incredibly time consuming that it's no wonder someone would respond with a negative feeling about budgeting.
I recently published an article called, "Busting the budget myths." It's only available to Debt-Free Living members but I thought I'd give you an excerpt from that article this morning.
--------------------------
Opening a budgeting workbook and staring at the pages and pages of "fill in the blanks" is enough to make an anyone whimper in fear. Can't blame them really, they can be downright scary.Most budgets out there today are not so frightening, but what some of the complicated ones have done is instill the myth that making a budget and maintaining it will be just too much work to make it worth it.
The truth is, budgets, in and of themselves, do not take that much time at all. In fact, you could probably set one up in less time than it takes to eat a meal.
Commercially produced budgeting programs have worked hard to be all inclusive and this hasn't helped. In other words, they have worked to have every conceivable "feature" so as not exclude anyone or any possible situation. The result has been an overwhelmed consumer looking at a hundred different categories of where to put their money and not having a clue about where to begin. To make matters worse, these things are packed into a book with even more worksheets, calculators, tools and a ton of instructions to learn how to use it all.
By making the budget so complex, some really do take a long time to use. It's no wonder that it would seem like it would take forever to complete it.
There are some good products out there though that have kept the budget program within the boundaries of the essentials. While they don't have all the bells and whistles, they are exactly what you need in order to bust through the myth that budgets take too much time. I'll tell you what to look for in a budgeting program later on.
--------------------------
Setting up a budget does not have to be overwhelming, nor does it need to take a lot of time. In the above article, I explore two other pervasive myths and give you some tips on what to look for in a good budgeting program.
If you'd like to read the rest of this article, just sign up for a Debt-Free Living membership, it's absolutely free! You'll get special access to the Member's section with more premium articles and additional content to help get you started on your way to a life free from debt.
Labels: Busted-Myths, Tips
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home