The Truth About Budgeting and Why People Fail at it!

I’m bad at budgeting , your bad at budgeting, the government is bad at budgeting…

Do you see a pattern?

Heck, some people don’t even like the word budget, but regardless if you call it a budget it or not there is a way to not fail it.

Most people fail at diets and budgets for this reason!

Check out my video blog to find out!

 

 

Budgeting Sucks

Today I would like to talk about why you suck at dieting and why you suck at budgeting!

What I typically see when people first start to diet, they read something on internet, they hear something from a friend, they might even have friends who are in competitions who do this, or are who are in shape for living. And, what these people typically tell them is “Hey, stop eating sugars, counter calories, to do X, to do Y, to do Z” and, that person who has got all this information, they are just so excited, and that’s all, they do! That’s all they think about.

Moderation is the Key

What they fail to realize is that you must have balance. So, what I am trying to say is, even if you are in debt to your eye balls, even if you are severely over weight and, by all your scientific methods of measuring whether it’s going to the doctor, getting on the scale or, looking at your high school pictures, you have to do everything in moderation. So, you need to address dieting, you need to address budgeting the same way.

Set Up your Budget

Let me get to the point, what do I mean. You must set up something now, that you can do for years; you must set up something now, that you can do something for two years. So, you are not just going to “not to eat sugars”. You are not just going to stop eating out forever. So, set up your budget now so, you can have some of these small wins. In your budget you must cater to your wants, regardless of how much debt you have or you are going to not do it.


A good point; a good example is my wife. She has natural hair and she likes to get her nails done.

She likes to do things that make her feel good and when people budget, they tend take out all the things that make them feel good and then, they rebel!. There are people who stop eating their favorite sweets and they are just like those persons who stop eating bread. If you love bread and stop eating bread, maybe one month down the line, you are going to want some bread. One month down the line, you are going to need some sweets. Weight lifting has cheat days and in your budget you have a little  you have personal money.


My wife and I, we call it our little squirrel and, that’s the money we squirrel away for those times when we need our little quick fix. Now the reason why you want to do this is; it allows you to do things in moderation. So, you just don’t fall off the wagon and never budget or never diet again. I think that’s another reason why people hate the word budget. When you hear the word budget, you feel as though you need to give up everything you love in order to stay on track and that’s just totally not the case. So, just like people who hate “diet”, they feel as though they have to give up all the good stuff they used to eat or all things they used to drink.

So, my tip to you is set up your diet, set up your budget so you can do it for years.


Comments

  1. Yes, yes, yes! I completely agree with you. I've always tried to do everything in moderation, and anytime I try to go "cold turkey" I fail at it. Having a balance in life is really important. I especially like the part about indulging what makes you happy. Sometimes we go so caught up in paying off debt or saving money, we cut out all the things that make us happy, which makes for a very unhappy existence.
    My recent post 10 Ways Receipts Can Save You Money

  2. Brilliant article. No doubt it would help me a lot to modulate my budgeting problems and help me out in all the way possible.

    • URFinanceSimple says:

      I'm glad the article could assist you :-) Do you have any budgeting tips that you could share?

      • Its my pleasure. Well, I would like to share with you the procedure that I follow on a regular basis. Being an out an out tidy and well organized person, I do follow a calculation sheet on probable monthly expenditure on the very 1st day of every month. Not that it doesn't cross the estimated amount in an ongoing month, but at least helps me to keep a track and monitor my total amount of savings and expenditure ratio. In case if the expense limit exceeds my calculation, I can overcome it by the very next month. Also I don't use credit card at a spree in order to avoid the limitless expense.

  3. Budget & the Beach says:

    First of all I loved the video…the pop ups, the smooth jazz. And you're so right. You just can't give up everything because what you resist persists. I have a category called weekly cash. it's a pretty big amount and that's mine to spend as I wish on whatever I wish, as long as I don't go over every month.

    • URFinanceSimple says:

      I think all videos with Kenny G deserve a thumbs up. also, thank you for having the weekly cash account. I'm glad you get it, and understand that budgeting is about having fun too!

  4. OMG! This is so true. I hate when I tell people I'm trying to lose a few pounds and then they judge me for eating a cupcake or having a few slices of pizza. (I find it interesting how these folks are almost always overweight and in no position to judge my diet choices.) I never said I'd eat healthy 100% of the time for the rest of my life. That's unsustainable and a quick way to fail miserably. When it comes to my meals, I try to eat whole foods. That's about it. I don't do reduced fat, sugar free, none of that. That food is bland, disgusting and I don't wanna eat it. So, I'll eat meat that's insanely fatty. If I'm gonna have ice cream, gimme Ben & Jerry's, 1,200 calories a pint. I just don't eat a lot of it. I don't need to. I'm satisfied with a reasonably sized portion.

    • URFinanceSimple says:

      That's a great way to look at it.. I also hate people who judge me based on my occasional wants. It's about moderation and checks and balances. succumbing to your wants every once in a while goes a long way in the discipline department.

  5. Great insight, my friend! Extremes rarely work. **MESSAGE!!**

    You usually don't get into debt or become obese in one day, one week or even one month. It happens a little bit at a time. So don't go to the extreme when you start to cut spending or try to lose weight. Do ONE thing a day to make progress. After a while (they say about 17 days to create a habit) you're able to do more without it having a huge impact in your routine. At least, that's worked for me.

    • URFinanceSimple says:

      Ohh.. I love how you put this. I might have to take your comment and make an entire blog post about it. Great stuff!

      *MESSAGE!* LOL

  6. seedebtrun says:

    So true about the dieting and finances. If I jump into a diet/workout program saying I'm going to work out for 2 hours 7 days a week and not eat anything but grilled chicken and vegetables, I won't even survive the first week! Some people can do that, but I can't. I need to work my way up and I'm the same way with money. If I don't allow myself enough "cheats," I burn out and say screw it…let's just be in debt forever. :)
    -M

    • URFinanceSimple says:

      Nothing wrong with cheat days or fun money, they keep you in check. I for one can't survive without doing some fun stuff or eating some fun things.

    • URFinanceSimple says:

      It takes time to create a habit, I'm sure you can learn to only eat chicken and veggies, but do you really want to do that? Everything in moderation. For example, people think you need to run 6 miles a day for cardio, nope! You only need 20 minutes a day to be effective.

      LOL at "Let just be in debt forever"

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  5. fwisp.com says:

    The Truth About Budgeting and Why People Fail at it!…

    I’m bad at budgeting , your bad at budgeting, the government is bad at budgeting… Do you see a pattern? Heck, some people don’t even like the word budget,…

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