Your Finance Travel Buddy presents One Simple Step

Happy Start of the Week fellow Financial Freedom Seeker

Mindset Moment

Welcome to our special edition daily budgeting tips 

Your One Simple Step today is…

Set a Goal for Your Budget

Why is this important?

When businesses create a budget they have several goals. These can revolve around revenue growth, profit margins and more. 

When you create a budget if you just subtract your costs from your income you’re not actively taking control of your budget. 

By setting a specific goal, you are taking active ownership of your budget. 

How do I implement this?

1. Set a financial goal for yourself

💡Top tip: if you haven’t already done this, go back to our very first newsletter where we talked about goal setting. If you weren’t a reader then you can find it here. 

2. Leverage your financial goal to set a goal for your budget

Let’s say your financial goal is to buy your first property. Your budget goal could revolve around saving a certain amount of money towards a budget. 

💡Top tip: watch this reel that covers the importance of setting financial goals when budgeting

FREE BONUS

Join our FREE masterclass on 22 January (replay available) that will teach you how to build a robust budget that will enable you to set and reach your financial goals - sign up here 

🗣️ Reply to us with your budget goal and we will shout you out in our next newsletter and on Instagram - there’s nothing like sharing our goals with others to keep ourselves accountable 

Have a fabulous week ahead!

Until tomorrow

Pernia | Your Finance Travel Buddy