Most people have a loosely defined money management system, but having a clear system in place can give you more confidence and less anxiety around money.I don’t like budgeting, as evidenced by the facts listed out in this post.

I spend my money based on my values, and I save the rest.

This technically works because saving money is second nature to me. I question all of my purchases automatically.

It might sound crazy, but hey, that’s just how I function.

Because of that, I have a somewhat loose hold on my money management system…actually, I don’t really have a system.

And that can be problematic for a variety of reasons.

Yes, spending according to my values has been helpful for me, and I’ve still been saving money as I always do, but I wasn’t aware of how much…and that led to doing nothing with it.

“Okay, you still have a bunch of money saved up, why is that bad?”

I’ll tell you.

Continue Reading "The Benefits of Creating a Money Management System"
Value-based spending has so many advantages, both for people who have trouble controlling their spending and those who are super frugal. Here's why.

Value-based spending has so many advantages, both for people who have trouble controlling their spending and those who are super frugal. Here's why.It’s interesting how my views on money have evolved since starting this blog.

I’ll admit that I used to be very heavily on the “frugality/cut all the expenses” bandwagon. I hopped the fence between being cheap and frugal quite a few times.

At times, my relationship with money was so bad, I felt like I needed to hoard it all. I was super protective of my bank account, which proved to be detrimental in a lot of ways.

Why? Because I was saving my money out of fear, and fear is a powerful motivator when it comes to money.

Fear of ending up destitute can motivate us to save.

Fear of missing out can cause us to go into debt.

Fear of losing our life savings can keep us out of the stock or real estate market.

Ultimately, acting out of fear isn’t healthy. In my case, I was letting money control me.

Continue Reading "How Value-Based Spending Improved My Relationship With Money"
December Budget Preview - Journey to Saving

I am back with a preview of what December’s budget is going to (hopefully) look like! We’re looking to take it easy this month, especially as we’ll be staying with my parents for 6 days surrounding Christmas. My mom has a feeling she’ll be working like crazy, so I plan on taking my own work with me and relaxing around the house. Since there’s not much to say here, scroll down if you’re interested in reading about how we’re managing our finances. I’ve received a…Continue Reading “December Budget Preview (and How We’re Managing Our Finances)”