It wasn’t long ago that I remember striving to make ends meet. I was using what Jim Rohn calls the “Cross-Finger Theory”, which never worked. It seemed no matter what I did, no matter how hard I tried, I could never seem to have enough money to pay the bills, or go out to dinner with friends, or be able to buy gifts for family and friends on their birthday’s, or during the Holidays.
Then one day, I walked into a vintage book store and came across a book called “Having all the Money You Need”. It was an old, yet simple read. It was a Christian-based book that looked like it had been read many times over. It was written in the 1970’s and I was so shocked how relevant its teachings were still to this day. In this book, laid foundational principles that have changed my life forever.
It talks about how it is never the amount of money one makes, however, what is much more important is how your money is managed. It is something I now refer to as Scalability. In short, it means that if you have $1.00, to break that $1.00 up into specific categories by percentage. Wherein, 70% of it goes to Necessities, 10% for tithing, 10% for saving, and 10% for retirement. It seemed simple enough, however, this book really emphasized the daily discipline of this financial budgeting.
I started to use this new method and really applied myself each day for 3 weeks while I was budgeting at home. Being a good budget manager made me feel like I was for the first time in charge of my own money. No longer was money mysteriously slipping through the cracks. After a while, I felt freed from the emotional bondage of money that I had felt for so many years. Each day, I felt stronger in my ability to manage my money and knowing exactly where it was going. Having this budget in place really set the path for my financial freedom that I have now.
One of the best ways I found to help aid me in my financial budgeting (shameless plug) was using www.calendarbudget.com. It made things so simple for me. I wanted to share it with the world so that they too, could see how easy it really is to be in control of their finances.
How has using a budget to manage your finances helped you in setting the path for your Financial Freedom?
Please leave a comment below and let us know!
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