3 years ago Clayton and I formulated a 10 year plan. Our ultimate goal is to save enough money to take a year sabbatical and travel the world.
The first phase of our plan was to pay off all of our unsecured debt. It seemed easier to manage our finances when we had clear goals of what debt we wanted to pay off, when. I’d like to validate our current budget to maximize our savings.
Habit: Track spending every day for 66 days
Start Date: Wednesday, 03/01/2017
Projected End Date: Saturday, 05/06/2017
Action Plan:
- Read 2 books on personal finance
- Watch 3 TED Talks about personal finance
- Analyze online budgeting tools
- Determine best investment tools to save money with
- Create a Pinterest inspiration board
- Post weekly on Fridays about my progress
Incentive: Meet with a financial planner. I know it doesn’t sound fun, but it really excites me!
Lofty Goal: Being healthy (financial health is a type of health!)
After we have built this habit we will know where we are spending our money. We have a budget but have never validated that we are adhering to our spending limits. I want to make sure we are saving as much as we can to reach our goal!
What tools do you use to stay on budget? Please share your tips and tricks in the comments!
plannedpreoccupation.com 
I use YNAB (you need a budget) software to budget and track our spending. I love it! But… it does cost money… There are lots of free tools out there that many bloggers rave about. Good luck!
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You are the 3rd person today to recommend YNAB. If heard great things so I’ll have to check it out!
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