The right mindset for budgeting
Lahat tayo ay may money beliefs from friends, family members, and life experiences. Ang money beliefs mo ba ay tulad ng nasa taas? Then you’ll notice that they are limiting and even paralyzing. They tell you na hindi mo kayang mag-budget dahil wala kang pera o kakayahan.
Thus, we need to evolve from these beliefs to be successful at starting and maintaining a budget. Magagawa natin ito by developing a growth mindset. If you’re willing to learn new skills such as budgeting, then you’ll eventually achieve financial stability!
Instead of believing na nakaka-limit ang budgeting, think of it as a way to free yourself from money anxiety and stress. By knowing exactly how much you can spend, hindi ka na magugulat pagdating ng iyong bills, at hindi ka magi-guilty whenever you treat yourself. Like all skills, you’ll also get better at budgeting the longer you practice. As you master your expenses, makakapaglaan ka na ng cash to pay your debts, and build savings or investments.
Budgeting, simply put, is making a plan for every peso you have. Kaya’t kung ready ka nang bigyang-halaga ang bawat piso ng iyong income, read on!