Turn the clock back to 2016. When Ed Sheeran was serenading our speakers, cauliflower steaks were all the rage, legends were lost – Bowie, Prince & Glenn Frey to name a few, and we got Trumped. It was a year of great gains and great losses.
It was a year of uncertainty, of instability and a reflection of my feelings in my own life. I decided to not let these feelings carry through into 2017, but to take control of what I could, starting with money.
I’d never been one to care much about where my money went, or what I did with it. I got my paycheck and very quickly converted it into superfluous purchases – Bento Boxes, Free People clothing, debt payments, plane tickets, weekend trips away, and lots and lots of coffee. Not surprisingly at the end of the month, I had nothing left.
My problem – I had no visibility of where my money was going, and I quite simply didn’t care.
If I wanted to take control I needed a goal, and I needed a plan to get there.
The goal, move to the other side of the world (I’ll do a post about that later)
The plan… I still needed one.
I Googled, I YouTubed, I Podcasted, I asked, searching for that hidden gem of an answer – but time and time again one simple thing popped up that we’ve all heard about before, The Budget.
It’s a very simple task – you write down your income, you deduct your expenses and then you see what you have left to play with.. this is either your Bento Box money, or it’s your savings money (more posts on this later).
It’s something so simple, but so many of us don’t do it. I used this very basic Excel template to build my budget, and still do to this day.
What the budget gave me was a plan to meet my goal, 2019 and 3 years later I’m in London. Granted there are days when I don’t always feel in control, but by having a budget I can plan and build a pathway to financial freedom.
It’s this very simple tool that got me going and that’s opened my eyes to a world where you can take control, you can have choices, and you don’t need much to get there!
What’s my new goal? To spread the word, and help others build their own pathway to financial freedom.
THE LADDER GIRL