You Don't HAVE to Budget Your Money!

Welcome to the Finance Gym Action Plan for a Better Life with Money. I'm Stacey Powell, and I'm here to help you have a healthier life with your money.

And I'm kinda happy about today's video because I'm going to explain to you today, why you don't have to budget. You know of course a bunch of you will have to budget, but here's the thing... When I wrote this book, I thought long and hard about where to put the budgeting chapter. Part of me didn't want to put it right up front because it scares people off. And if your one of those people that it scares off then I want you to listen really carefully to today's video.

The other reason I didn't necessarily want to put it right up front is that budgeting isn't necessarily the most important thing in the whole book. Saving and earning in many ways is far more important.

The truth is, though; budgeting is really key for a lot of people. But if you're one of those people that absolutely hate it, and you're never going to make it to chapter 3 because you're going to stall out in the budgeting work in chapter 2 then I've got really great news for you … skip it. I want you to skip it.

I want you to turn the book to chapter 3. Leave the budgeting behind. And I want you to attack, with fervor, all of the other chapters in the book. And if I let you out of doing chapter 2 you have to promise that you do all those other chapters with fervor.

Because here's the thing, if you work on savings, getting out of debt, increasing your earnings, all the work in the other chapters, you might get to the end to the end of the book and discover that you don't really need a budget because your money is now good.

You also might discover that, alright, maybe you do really need to do the budgeting work. But the thing is by the time you get to it, by the time you circle back to it from doing all the other work you will have built some money muscles that you didn't have before. And so budgeting isn't going to be as hard as you thought it might be.

So if you're one of those people that aren't going to finish my book because you hate the idea of budgeting, then I want you to jump ahead to Chapter 3, Building Peace of Mind, which is arguably the most important chapter in the book.

And I also want you to watch the next video in the series because I teach an important component about how to get away without budgeting, how to build your finances so that budgeting becomes much more simple.

And as always I don't want you to do this alone, come on over to Facebook and join our private Facebook group, Team Do Better, or join one of our Finance Boot Camps at TheFinanceGym.com and sign up for the YouTube series, subscribe so that you know when the next video goes up.