Budgeting Doesn’t Have to be Scary

Budgeting doesn't have to be scary

There are some personal finance topics that seem to strike fear into the hearts of people everywhere.  As we move into October, and Halloween approaches, I thought I would tackle a few of these topics and see if I can make them less scary.  Up first, I thought I would talk about why budgeting doesn’t have to be scary.

Why is Budgeting Scary?

Before we start dispelling myths associated with budgeting, it is important to understand why budgeting is so scary to people.  Creating a budget is scary because it requires truly looking at your spending.  You have to understand what you are spending, and more importantly, why you are spending that money.  But facing your spending, especially if it is out of control, is looking in a mirror and not liking what you see.  But budgeting doesn’t have to be scary.  It’s important to push past the fear about what you might find and realize that it’s ok to start where you are, use what you have, and take control of your finances