11 | The #1 Reason People Struggle With Budgeting

Do you manage your money proactively or reactively? When someone tells me that budgeting “doesn’t work” for them, it’s usually because they’re doing it reactively. They create a budget, go about their life, and then come back to their budget a month later to “check-in.”. Instead, you should be managing your finances proactively, which means you will make decisions based on what you said you wanted to do, what’s actually happened, and what might shift in the days or weeks ahead based on what you know to be financially true. In this episode, I’m sharing how to shift from a reactive to a proactive approach to managing your money. I’m explaining how to schedule regular “money dates'' to look over your accounts and make adjustments in your spending. Plus, I’m sharing how this style of money management can establish financial trust, awareness, and peace of mind. In this episode, you’ll learn... How one of my clients is learning to manage her finances proactively [0:50] How I guide my clients out of money situations that feel overwhelming [2:03] How to get back on track when you stray from your plan [5:37] Why reactively managing your money doesn’t work and how to shift to a proactive mindset [7:08] Why “money dates” are the key to managing your finances proactively [9:36] How to schedule money dates and actually stick to them [11:41] How managing your budget week to week allows you to make real-time adjustments [15:40] How to manage your business finances proactively [17:26] How proactively managing your finances helps you gain financial trust, awareness, and peace of mind [19:52] How to plan your first money date (plus a freebie to help you get started!) [23:02] If you’re ready to manage your money proactively, tune in for this week’s episode. Get full show notes and the episode transcript: https://wealthovernow.com/the-1-reason-people-struggle-with-budgeting/ Links mentioned in this episode… Join the Wealth Over Now Facebook Community Money Date Guide