Which direction will you go?
To create a budget that works, we started by looking at our money mirrors. Now we’re going to draw a money map. Which direction do you want to go? North, South, East, West, there’s so much to see! When it comes to money, you get to choose what’s important — that’s the direction you’ll go. And what you choose will shape your journey.
Karisa talked about what’s important about her clothing spending, so we asked her, “Are appearance, excitement, and creativity truly important to you?” Here’s what she said:
“The short answer is yes. I think these things are all good. But I’m actively choosing to prioritize something else that’s more important to me: paying off debt. To me, that represents being stable or just not owing anyone anything. Because I’ve made that decision, I have to actually think about things I can change in my budget. For me, that’s spending less on clothes to save money, and finding other outlets to be creative.”
For Karisa, debt freedom is what’s most important to her. So on her money map, she’s headed in that direction.
Okay, now your turn! Try this:
- Remember what your habits seemed to say was important to you. Is this truly important to you?
- What’s more important? What’s less important?
- What’s most important? That’s the direction you’re going to go on your money map.
Tell us your direction. Comment below!
See the entire Budget with a Why series to create a budget that works! Or, navigate below to check out other steps in the process.
Step 1: Look in the Mirror
Step 2: Reflect
Step 3: Meet Your Money Map
Step 4: Plan Your Route
Step 5: Start Your Journey