{"id":1716,"date":"2018-03-02T03:00:43","date_gmt":"2018-03-02T09:00:43","guid":{"rendered":"http:\/\/kerryaclark.com\/?p=1716"},"modified":"2018-09-05T18:24:36","modified_gmt":"2018-09-05T23:24:36","slug":"why-you-need-an-i-budget","status":"publish","type":"post","link":"https:\/\/www.kerryaclark.com\/blog\/why-you-need-an-i-budget\/","title":{"rendered":"Why You Need an i-Budget"},"content":{"rendered":"

5 Reasons Using A Digital Budget is Easier<\/span><\/h2>\n

Maybe you could use some help with your budget. \u00a0Most of us are not Excel (spreadsheet) experts or have a profession in finance. \u00a0Don\u2019t allow this to keep you from being a budget ninja. \u00a0Again, <\/span>Mint is a one stop shop<\/span><\/a>. \u00a0It has budgeting functions built right in. \u00a0I call it my \u201cdigital\u201d budget. \u00a0You can call it your i-budget.<\/span><\/p>\n

In previous messages, we discussed budgets, but this is the first time we\u2019ve ever discussed a digital budget (or i-budget) and the reasons why you need a budget at all.<\/span><\/p>\n

I\u2019ve often said to people, <\/span>don\u2019t let your smartphone be your \u201cdumb\u201d phone<\/span><\/a>. \u00a0Your smartphone is much more than a communications, social device. \u00a0It\u2019s a tool and in this case it can help you budget with the assistance of the <\/span>Mint app<\/span><\/a>. \u00a0Let me give you 5 reasons why a digital budgeting tool can be helpful. Keep in mind that a budget is a must if you want to improve your financial disposition. \u00a0<\/span><\/p>\n

    \n
  1. It automates the process.<\/span> \u00a0Using a digital tool (and app), makes budgeting automatic once it\u2019s setup. \u00a0The app can give you notifications when you exceed what\u2019s budgeted, when recurring bills are due and much more.<\/span><\/li>\n
  2. It gives you a base-line.<\/span> \u00a0Setting a digital budget gives you your base-line for spending. \u00a0It\u2019s the floor of what you spend. \u00a0The budget indicates that under normal conditions this is your spending-floor for any given month. \u00a0Do you know what your spending-floor is? \u00a0How about your spending threshold? \u00a0This is the amount you could possibly spend above your spending-floor.<\/span><\/li>\n
  3. It lets you see where you got off track. <\/span>\u00a0What areas are constantly putting you over your budget? \u00a0Knowing what areas create problems for you is important. \u00a0You can head those off in future months. \u00a0Maybe it\u2019s an indication that it\u2019s time to readjust your budget. \u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/li>\n
  4. It indicates whether you have enough. <\/span>\u00a0Any budget can give you a good picture of whether you have enough to cover your expenses, but a digital one gives you this detail real-time (or as it happens). \u00a0What a reassurance it is to be able to see the big picture with your money as it happens or is readily available. \u00a0<\/span><\/li>\n
  5. It sets the priority for your spending.<\/span> \u00a0Most importantly, the priority for spending is key. \u00a0When you spend without any priorities, the most important expenses somehow are the ones that get left out of the picture; you experience shortages. \u00a0Don\u2019t let this pattern continue.<\/span><\/li>\n<\/ol>\n

    Get a tool to help you budget, a digital budget, an i-budget.<\/span>
    \n<\/span>
    \n<\/span>Today is Friday!<\/span>
    \n<\/span>You need a budget and a digital one maybe the thing you\u2019re missing out on. \u00a0If you\u2019ve never been good at budgeting before, maybe it\u2019s time you use your smartphone as a tool that could help with that. \u00a0\u00a0A digital version (I assure you) is much easier than a paper version. \u00a0Successful homes manage their finances with a budget; it\u2019s not something that ordinary people use, it\u2019s an \u201cuncommon\u201d tool. \u00a0In order to have what others don\u2019t, you need to do what others don\u2019t. \u00a0I encourage you to use that tool in your hand to be more than just a social device, but a business tool for your life, your business.<\/span>
    \n<\/span><\/p>\n

    The Family Plan Binder<\/a>\"\"<\/a> is available now!

    <\/p>\nOur team has worked very hard putting it together. We designed it to help you and your family move the needle forward in making your life your business. \nFind out more about the Family plan here.<\/a><\/div><\/div><\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

    5 Reasons Using A Digital Budget is Easier Maybe you could use some help with your budget. \u00a0Most of us are not Excel (spreadsheet) experts or have a profession in finance. \u00a0Don\u2019t allow this to keep you from being a budget ninja. \u00a0Again, Mint is a one stop shop. \u00a0It has budgeting functions built right […]<\/p>\n","protected":false},"author":2,"featured_media":1717,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,6,51],"tags":[63],"class_list":{"0":"post-1716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-accounting","8":"category-finances","9":"category-mint","10":"tag-mint","11":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.kerryaclark.com\/blog\/wp-content\/uploads\/2018\/03\/20180302-TIF-Blog-Why-You-Need-an-i-Budget.png?fit=760%2C360&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4jb7V-rG","_links":{"self":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/comments?post=1716"}],"version-history":[{"count":6,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1716\/revisions"}],"predecessor-version":[{"id":1991,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1716\/revisions\/1991"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media\/1717"}],"wp:attachment":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media?parent=1716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/categories?post=1716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/tags?post=1716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}