The purpose of budgeting is to improve your spending habits so you can have more money left over at the end of the month.īudget categories are the meal logging of personal finance. While the goal of monitoring your eating is to get to your ideal weight.
Tracking your spending will have the same effect. Then I used that info to make some changes, and I lost 10 pounds in 5 weeks! That process helped me identify where my calories were being eaten. Nothing, and I mean nothing, I at after 8pm was helping my cause. Most of the extra calories came in the form of 50 extra here and there throughout the day, but it added up.
It wasn’t until I started tracking it that I was able to figure out ways I could improve. The first thing I noticed is that I had wildly underestimated the calories I was eating. (What does this have to do with family budget categories? I’ll get there.) To figure it out, I started tracking what I was eating. I didn’t know why I wasn’t losing those last few pounds, because I thought I was eating ok. Have you ever been surprised by your credit card bill at the end of the month? You thought you were doing fine, but then “Wham!” you see the actual number and are totally surprised by it.