I know some of the reasons why people don’t have a budget.

• It might feel restrictive
• People don’t know how to get started
• People don’t think they need one
• Not enough time
• They may even just be lazy and not want to put in the work

I decided to do some internet searches and found other reasons why people avoid a budget.

• They don’t want to know. I have had people tell me they were afraid to find out exactly what their financial situation is. However, virtually every time they confess this fear, they share they feel better after we talk it through, and they understand options.  Many times, they really did want to know, they were just afraid.
• It causes fights with their spouse. This one is tough and involves learning how to listen and understand each other.  Learning to become a team and face money challenges together is hard.  If only one person is willing to compromise, finding a middle point can be difficult.
• Not feeling comfortable with the numbers and math side of budgeting. This part can seem overwhelming, but with the budget apps and spreadsheets available, there isn’t as much math knowledge as there is putting in the work to determine expenses and set goals.

If you are struggling to create a money plan, I can help!  I start with a “snapshot” of income and expenses, ask (and answer) questions, and recommend suggestions to consider.  Creating the budget, and creating goals takes time.  Discovering your potential, committing to the plan, and finding the best approach for you happens over time.

For guidance getting started schedule a coaching session, and let’s chat!

Click HERE to schedule your personal financial coaching session.

Lisa Atkinson
TFCU | Personal Financial Coach
latkinson@tucsonfcu.com

As a Personal Financial Coach, I do not provide legal or tax advice.
Tucson Federal Credit Union does not make any guarantees that this service will achieve any particular objective or outcome. For any legal advice, please seek the advice of an attorney or tax professional.