Golf Tip
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10 Tips to Make Sure Your Financial Budget Will Succeed
   
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5 Sure Fire Ways To Build A More Powerful And Pain-FREE Golf
Until recently being physically fit was of little concern to most golfers, but the tides of changes have recently taken hold of the golf .....
Youve analyzed your past expenses, put them into spreadsheets, loaded Quicken with all of your data and come up with a budget. Now what? The tough part! You actually have to stick to your budget and put your plans into action. This is easier said than done. In many cases you will have forgotten about your budget and your financial goals 6 months or a year down the road. How do you keep this from happening to you?Until recently being physically fit was of little concern to most golfers, but the tides of changes have recently taken hold of the golf .....
Heres how. Make sure you follow some of these tips below so this doesnt happen to you.
1. Create a budget with realistic targets Lets say one of your budget goals is to not eat out for lunch or dinner on a regular basis. If you are honest with yourself you may find this to be an unrealistic goal. Sometimes its a nice break to eat out and have a relaxing rewarding evening. In other words, dont set the bar too high. Drastic and unrealistic goals are one of the surefire ways your budget will not succeed.
2. Budget for expenses that dont occur on a routine basis Make sure you give consideration to expenses that occur once a year, such as holiday presents, birthdays, vacations, weddings, car maintenance costs, etc. These expenses dont occur every month and they will bust your budget plans wide open. Make a list of these events on a calendar and put a dollar figure to them. Place them in the month they are expected to occur so you can plan in advance how you will pay for them. The regular routine expenses are not the reason your budget will fail. It is these gotchas that will wreck havoc on your budget if you dont plan for them.
3. Put your budget in writing Take the time to write down your budget plans. Making a mental note of your budget goals is a recipe for failure. Dont assume that your financial future will take care of itself by making a simple mental note to yourself. If you have your budget goals detailed in writing you can review and remind yourself weekly and monthly of your financial goals.
4. If you have a bad month or week, dont give up! Lets say you have been reaching your budget goals for three months. In the fourth month, for whatever reason, you didnt reach your budget goals. Maybe you even stopped trying to stick to your budget! If this happens, dont just throw your hands up in the air and admit to failure. Everyone falls off the wagon sometimes. Your budget is a journey. There will be bumps in the road, so the key is to realize that everyone makes mistakes. This relates to a story I like about a great old time golfer named Walter Hagen. Before each round of golf, he told himself that he would have 4 or 5 bad shots. During the golf round, if he hit his ball into a bunker, he would tell himself, There is one of my bad shots that I was expecting, hit the ball out of the bunker and move on. It didnt phase him one bit because he had knew there would be some bad shots in his round.
Cruising The Columbia River With CruiseWest
Cruising The Columbia River With CruiseWest
Read Jetsetters Magazine at www.jetsettersmagazine.com
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9. Pay yourself first Im sure that one of your budget goals is to save and invest a portion of your income. One of the keys to make sure you succeed at this is to do what the IRS does with your paycheck, take it out of your discretionary income immediately. This way, the money is saved away right off the bat. Move the money immediately into a savings or mutual fund account. Many mutual fund companies can setup automatic deductions from your paycheck. Despite your best intentions to save, the hectic, daily demands of life can reduce the amount you are able to save.Cruising The Columbia River With CruiseWest
Read Jetsetters Magazine at www.jetsettersmagazine.com
A Golf Fitness Exercise Program Will End Your Frustration
Even as you read this article, golf fitness exercise programs continue to positively revolutionize the games of many golfers .....
10. Attitude is everything When most people think of a budget, they picture restrictions and pain. Almost like a diet. You know what happens with most diets? They dont seem work for long! First, if your budget is too strict, too restrictive on your spending, it wont work either. However, you will need to limit your spending in some areas and this will take some adjustment in your attitude. I found that when I am feeling limited and sorry for myself when I cant purchase something that I want, I remember my financial goals I set with my budget. I think about the satisfaction I feel when I reach those goals. Over time, you find that you dont want to disappoint yourself by breaking your spending goals on a spur of the moment purchase. Now, I actually get more pleasure knowing that I am reaching my budget goals when the thought of an impulse purchase crosses my mind.
If you follow these tips, your budget plans are more likely to be a great success. By taking some simple steps you will find that living within a budget is not as tough as you imagined. It can actually be fun and rewarding!