2. DEBT FREE!! We have been able to save and pay off our debt and not accumulate any new debt.
3. Focus. I can focus on taking care of my family instead of worrying about how much money I just spent on groceries.
4. Need. The budget has shown us the value of delayed gratification and has truly defined need vs. want.
5. Bargain. I’ve always been thrifty but now my inner thrifty girl is at a whole new level! Why yes, thank you, I love my dress too, I just purchased it for $6.99! Whoot!
6. Stress. I CAN’T stress this enough! WE NEVER NEVER worry about money. It is not a stressor in our life, this is not because we are loaded or have a ton of money, we are very blessed but we aren’t the swimming in the dough by any means. We do what we can afford. Sometimes we have to say no because we can’t afford things but that is ok. With a little bit of saving and planning we have been able to take vacations, have amazingly blessed Christmases, eat a largely organic diet and work on renovating our house (slowly but surely). All of these things are just JOY with the stress removed because we pay for them in cash and DON’T NEED TO THINK ABOUT IT AGAIN, like when the bill shows up in the mailbox.
7. Gratitude. We appreciate the things we have more. We realize the amount of time we actually had to save for something. This has given us such gratitude for the worldly possessions we have been so blessed to have.
8. Contribution. I no longer feel like I need to contribute monetarily to our family. Having this budget allows me to feel involved and having these discussions once a month has truly redefined the meaning of “our money”.
9. Giving. We have been able to give SO much more than we were able to give before we started following a budget. This is largely because we control our money and our money doesn’t control us. So our money goes where our hearts go. Having more gratitude for our financial blessings has also opened our hearts more to those who aren’t as fortunate.
10. Rule. We rule our money it doesn’t rule us. There are moments when I want to CURSE the budget and just buy what I want to buy but those moments are few and far between. The moment usually passes or what seems to happen more often than not is that item goes on major clearance or someone we know is selling that “thing” used or I happen to find that item on Craigslist for almost nothing. Honestly, this is one of our favorite parts of budgeting because it feels like God is giving us a little approving slap on the rear each time we score that “thing” at a price we can afford. Talk about a motivator!
11. Respect. Understanding the importance of each other’s role is extremely important for every family, when you discuss your finances side by side it brings to light the roles of each and in turn allows your spouse to understand all that you do for your family and vise versa. Being a one income family can add to that challenge increasing the divide between roles, you have one person working out of the home and one person working within the home. I guarantee when you start to discuss your purchasing plan together gone are the days of any “mine” and “yours” feelings that might exist. Not only does it get both of you involved it also brings forth all of the “duties” that each of you do that might go unnoticed otherwise like buying toilet paper or paying the trash bill.