• TmP

B.U.D.G.E.T. - Your Relationship With Money For The New Decade by Angie Mitchell

It’s a new year and the start of a new decade. The year 2020 is here and the running theme so far is #2020Vision. Look at this new decade as a chance to have a vision for your life and do things intentionally different from the last year, or even the last decade. If you are the person who likes to start the new year off with change or if you just want do something new this decade, now is the time to start. If you’re reading this, you are probably at the age of knowing right from antiquated. I’m an 80’s baby so I have experienced a few decades of change. In the most recent one, I was of age to be able to make some major intentional changes. Things that I was taught or believed as a child, I learned late in life or recently, that I am able to debunk or change the narrative.

Finances being one of them.

I went through a phase of having an influx of money and a phase of having to decide to downsize or go broke. There are many phases that we will go through in our lifetime and our goal should be to grow from each phase. On your financial journey in this new decade, let's strive to clear our minds of the past decade mentality. Change the way you think, speak and feel about money. You are able to save. Saving small is still saving. Budgeting is not hard. You are disciplined enough. You can do anything. You can have a great relationship with money. You may have not come from a family with money but a family with money can come from you. The only person stopping you, is you.

I have found that budgeting is the easiest way to start to change your relationship with money. What is budgeting? “Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income.” -Google

Budgeting has many benefits and deciding to budget is a benefit all in itself. A year from now, you will be telling totally different story about your relationship with money if you B.U.D.G.E.T.

Build- Budgeting builds character and causes good money habits. Building a budget foundation takes about 6 months to a year of consistent budgeting. This means really digging into your finances, watching every penny and being intentional.

Understand- Understand your finances. You should be aware of every bill and debt that you have and their due dates and amounts, pay days and current amounts in all of your banking accounts. You should also be knowledgeable of your credit score and what’s on your credit report.

DisciplineBudgeting requires discipline. You will have moments when leisure activities aren’t a part of your budget for the week, so you will have to decline the weekly girls/guys night out. Forgo the daily Starbucks run or Bath & Body Works candle sale. Wants versus needs are going to always be at the forefront of your mind.

Goals- Goal setting and reaching will become as common as breathing for you. While budgeting, saving is going to play a major role. Once you knock out one saving goal, every goal after will be bigger and more challenging. If you have a goal to eliminate debt, start with the smallest one first. Knocking out goals empowers you to handle what you once thought was impossible!

Evolve- There will be an evolution in your character because of budgeting. The discipline you learn, the knowledge of your finances and the power you receive after reaching your goals will completely change your money mindset.

Testimony- If you were never able to save and you reached a money savings goal through budgeting, share your testimony. Be proud of that accomplishment, no matter how small because any step forward is still a step in the right direction.

Grab a pen and paper and happy budgeting!

Find these tips and more on


  • Black Facebook Icon
  • Black Instagram Icon
  • Black Vimeo Icon

© 2020 Misteree Project, LLC. All Rights Reserved.