You’ve measured your past expenses, put them in spreadsheets, loaded all of your data with Quicken, and come up with a budget. What now? The hard part! You have to stick to your budget and put into motion your plans. This is better said than achieved. In certain situations, 6 months or a year down the line, you’ll have forgotten about your budget and your financial objectives. How are you going to prevent it from happening to you?
Ok, here’s how to make your budget successful. make sure that you follow any of these suggestions below to keep this from happening to you.
1. Eat out
Build a budget with achievable goals-say Let’s one of your budget priorities is not to eat out regularly for lunch or dinner. You can find this to be an ambitious target when you are honest with yourself. Often, dining out and enjoying a fun, satisfying evening is a pleasant break. Don’t set the bar too high, in other words. One of the surefire ways the budget won’t work is to meet dramatic and impractical targets.