budget planning

Money in May Part #1: Budget Planning

Budget planning time
So for the month of May, I want to talk with you about your household financial organization: planning a budget, tracking your spending and expenses, reducing your debt, and tracking your savings. There are a lot of moving parts to organizing the financial parts of your life, and I have some tools to make it a little easier.

Budget Planner Pages

In-come versus Out-go

Budgeting all boils down to balancing the “in-come” versus the “out-go”.  And oftentimes, the budgeting downfall is more of the out-go than the in-come.  Tracking both can really help establish the household budget and keep it on track.  In this series for May, we will be talking about tracking our spending, reducing our debt, and improving our savings.  So let’s get started!

Fixed and Flexible Expenses

Some of the expenses are fixed such as rent or a car payment.  However, many of our regular expenses are flexible in the sense that they could be managed differently.  Perhaps keeping the thermostat a degree or two differently could impact the energy bill, or you might be able to reduce your cable bill by changing to a smaller plan.  Being able to improve the flexible expenses will go a long way in helping you achieve that financial organization!

Spending Tracking

Without a good tracking system, it is hard to know where all the money goes.  I suggest tracking every outgoing dollar for two months (three if you have some quarterly payments) to really get a handle on the spending.  There will be some areas that will really surprise you I’m sure!

Debt Reduction

Almost everyone carries some type of debt.  Albeit, a mortgage payment is a different type of debt versus a credit card balance.  But reducing the debt where you can will really help the bottom line of your household budget.

Saving Tracking

In addition to reducing the debt, creating a savings plan is essential for financial organization and peace of mind.  Whether you are saving towards a cushion of cash or a specific vacation or even retirement, keeping track of what you are saving will help keep that goal in mind.  And remember — pay yourself first!

setting goals

Great tools and tricks to setting your goals

Whether we are talking about personal or professional goals, there is a method to the madness. Oftentimes, we know generally what we want to accomplish but don’t have a moment to really sit down and think through the details. For example, maybe you want to streamline your morning routine. But what does that exactly mean? Hmmm – maybe it means clean out your closet so that you can find the things you want to wear. You know you want to accomplish this, however it all seems overwhelming if you don’t have a plan. But where does the plan even begin?

I’m sure you’ve heard of SMART goals, but I’d like to give you a quick overview using our example of cleaning out the closet.

SMART goal breakdown

BREAK IT DOWN
S — I want to clean out my closet so that I can see my clothing more easily.
M — I want to eliminate 20 items from my stuff that I no longer need or use.
A — I will need time and supplies; I need to gather my supplies and set aside an afternoon to sort everything.
R — This will help streamline my morning routine and get me out the door faster.
T — I want to accomplish this within the next 30 days.

Doesn’t that seem more doable now? It does to me! Instead of facing an overflowing closet in the middle of your hectic morning, now you know what you need to get done with a realistic and measurable way to see success.


Now let’s talk about the tasks involved once the goal is set — there can be quite a few!

If you have a larger goal with a list of milestone tasks or have multiple goals at one time, that list can be daunting.

Here is an excellent way to prioritize all of the things that need to get done. I keep this little chart on a Post-It note on my computer. If I’m trying to figure out what needs to be done first, I refer to this and it helps me prioritize what needs to be done!

Urgent + Important = DO IT
Not Urgent + Important = PLAN IT
Urgent + Not Important = DELEGATE IT
Not Urgent + Not Important = ELIMINATE IT

Prioritize those goals

I hope these tools and tricks help you define and set your goals
If you are ready to start setting your goals today, sign up below and get this amazing worksheet to walk you through your next steps!

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organized for healthy living

Organizing for Healthy Living

I only recommend products I would use myself and all opinions expressed here are our own.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission.

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to-do list

How to make a productive to-do list


Have you been trying to figure out how to make a productive to-do list? Not a busy list but an actual to-do list?

Where does the list come from?

The famous-slash-infamous to-do list that we all face. From our bosses, from our family members, from our other responsibilities, and even from ourselves. Sometimes it can seem endless. For every item you cross off, you discover four more items that you have to add. But here are seven to-do list hacks that could change the way you tackle your chores! Plus sign up below and get the library password to access three free printable to-do lists.

How to make that to-do list more productive for you

7.The art of forgiveness
We need to learn to forgive ourselves for not getting everything done immediately and simultaneously. I am a repeat offender of this myself — thinking that if I just can get more done, I can rest. That’s not how it works. Because guess what? There will always be more. I don’t say that to scare you, I say it to be realistic. So learn to forgive yourself for not getting it all done right now.

6.Not making a list at all
This seems to be the pendulum swing I see most often. That when the list gets too overwhelming, to abandon the idea altogether. My primary reason for loving my to-do lists is that it means I don’t have to remember everything. If I jot it down on the list, it no longer occupies brain space to remember that I have to do it. Think of your grocery list — let’s say on Wednesday you realize you need potatoes but you do your grocery shopping on Saturdays. Would you rather write down potatoes on your grocery list and move about your day, or would you rather spend the four days trying to remember to get potatoes?

5.Delegation is your friend
You don’t have to get it all done by yourself! If your eight-year-old can peel carrots and your ten-year-old can wash and tear up the lettuce, then those are two steps of making dinner that you don’t have to do. The rest of your list can work similarly. Maybe your spouse can swing by a postal drop box on their way to the gas station; maybe a co-worker can

4.Be as specific as you can
Abby offers some terrific to-do list hacks including being specific about your tasks. If something on my list is a larger item to tackle, I like to break it down to smaller tasks. If I don’t finish the entire chore in one day, I might accomplish one or two pieces so that I have made progress. Admittedly, this can make the list look longer, but you can knock out the smaller sub-tasks quicker and get them crossed off.

3.Work smarter, not harder.
In our recent crazy Dallas snow-mageddon, our poor doggie flipped out every time the power would come back on. It was the beeping of the microwave. We tried to reassure her that everything was okay, but then the power would come back on the next time, and the beeping would scare her again. We finally unplugged the microwave. The moral of this story — sometimes the best solution actually is the easiest solution.

2.Busier does not mean more productive
Productive and busy are not interchangeable. This feeds right off of number 3 above. Running around dust all of the flat surfaces in the house, vacuum all of the rugs and carpets, and scrub all of the bathrooms simultaneously means that nothing really gets done and you end up exhausted without actually having accomplished anything. But deciding that you are going to complete one of those chores a day means that you will spend no more than 30 minutes a day and by the end of it, you will have a cleaner house.

1.The NUMBER ONE hack — find a system and stick with it
Moving the list from an electronic format to a physical planner to a pile of sticky notes and miscellaneous notepads means something will get lost in the translation. And not everyone’s system will look the same. Test out ones that appeal to you and stick with the one that will get the job done for you.

Need a more
productive to-do list?

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(Plus get your productivity hacks too!)


Frequently Asked Questions

Does a to-do list make you more productive?

It certainly can! It helps keep you focused on the things that need to be done so that you can complete them more effectively and more efficiently. And isn’t that the goal?

How do I organize my to-do list?

You can list the tasks and goals by deadline, by priority, by completion time. Any method that works for you. Typically my strategy is a combination of factors. What little things can I knock out quickly? What tasks can I batch together? And don’t forget to check out these great tips including the Eisenhower Matrix.

What is a master to-do list?

In a nutshell, it’s where you keep the everything. And you can make it as detailed or as general as you need.


You may also be interested in…

Ultimate Productivity Bundle

The Ultimate Productivity Bundle 2021

I only recommend products I would use myself and all opinions expressed here are our own.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission.

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