Develop a Spending Plan

Developing a Spending Plan with Financial Readiness

Budget…for some people that term is considered a 4-letter word. It can cause people anxiety. Most people associate budgeting with deprivation or doing without. For most, creating a budget is a chore or burden. But, then you have other people (like your Financial Readiness Specialists and Personal Financial Counselors at ACS) who enjoy the process. The question is, how do we change the mindset of those who dislike budgeting into people who can at least get through the process and may even enjoy it a tiny little bit? The first thing we need to do is look at a budget differently. That is where the term “Spending Plan” comes into play. If you think of the process as a way that you get to spend what you earn each month… It helps you to see that a budget/spending plan can help you reach your financial goals. It doesn’t have to mean: do without. Find the things that you want to accomplish with your money and focus on them as “wins”. Do you want to save for an amazing vacation next year? Do you want to make sure you have enough money to go out on the weekends with your friends? Let’s focus on what you want to do with your money and then work around it. Then, we look at how we can make those things happen with what you have coming in each month and what monetary commitments you have. Yes, you do have to spend less than you make but, you can still enjoy life if you start thinking outside the box. The best part is that you don’t have to do it alone. You have your entire ACS Financial Readiness Staff here to help! Call ACS Financial Readiness at (706) 545-7517 to schedule an appointment or to speak with a Financial Counselor.

UPCOMING CLASSES

September 23, 1 - 3 p.m. – Saving & Investing for Retirement October 21, 1 - 3 p.m. – Home Buying Seminar November 18, 1 - 2:30 p.m. – Budgeting for the Holidays