Budgeting is a simple process!

• Where does your money go?

• How many people have a budget?

• Why do budgets fail?

We don't do them accurately.

We put down what we like to spend not what we actually do spend. 

We accurately put down fixed costs but not on variables (ie. food, clothing, healthcare, liquor, cigarettes, pokies). 

We find them boring!

Most people struggle with budgets. They are like new years resolutions. We start off like a house on fire but soon fall into our old habits and almost always give up. Budgeting in it's traditional sense involves monitoring all our spending and comparing what we have spent to what we should have spent. It is not exciting and once the novelty wears off we fail to monitor our budget.