budget

The Art of Love & Money Reverse Budget

Reverse Budgeting

What is Reverse Budgeting?

It’s when you allocate the most important priorities and values in your life and put the money in those categories first.

When you put the bulk of your money where you want it to go before you begin spending on anything else, it’s reverse of how society spends – impulse first.

Sad Truth: Money is finite. Time is finite. There is not enough for everything you want to do, so if you don’t put your most important ones first, you won’t get to them Read more…

The Art of Love & Money Review Your Expenditures

Review Your Expenditures

Think of your budget as allocations in Maslow’s Pyramid. Start with your basic needs and then add your priority value sets from there.

Your goal is to do a Zero-based budget. All the money that comes in month by month gets allocated for how YOU chose to allocate your spending based on your priorities, your values. Until the amount that you Earn minus the amount budgeted to specific categories is equal to zero. Read more…

The Art of Love & Money - Take Note of Your Bills

Take Note of Your Bills

Get out a pen and paper and write down all of the bills that you pay monthly and the amount that you pay.

Analyze these bills. Do you love the service? Can you get a better price?

Write them all down and then take a day or a week to focus on researching each bill, calling around for a better rate, or even a better service for the same rate, and finally analyzing whether or not you even want to keep that service. Read more…

The Art of Love & Money Setup Your Budget Categories

Set up Your Budget Categories

This is what I refer to as reverse budgeting. I hit these goals first. Then I do my best to stay within my budgeted dollar amount categories. If I spend too much on eating out, it may mean less grocery or spending next month, but it won’t mean that I don’t do what I have decided is the most important to me. I prioritize my income. Read more…