Budgeting Journal You Need in 2024
If any of your 2024 New Year's resolutions are about better budgeting, financial planning, and overall financial health, keep reading!
Financial planners might seem old-fashioned, but they are actually a great way to have mindful spending habits and help you reach your spending goals. Consider them the bullet journals of your savings!
What is a Budget Journal?
A budget journal, sometimes also called a budget planner or financial journal, allows you to have one spot for you to write out your money goals and track your spending. It's a place where you can track your expenses and break down your spending, then use this information to pivot your finances or strategize them toward a goal.
Why a Budget Planner Can Be Helpful:
Clarity: Since you write out your expenses, goals, and more, you can gain a clearer understanding of your financial situation on paper and understand where you are spending the most.
Control: This can be an opportunity to take more control of your financial stability and make you feel confident in your spending!
Reduced Stress: Eliminate uncertainty that comes with spending and put it to paper.
Tracking: This allows you to track your goals and goal progress so you can see the changes you are making, or need to make in order to achieve your savings goals!
Accountability: When you enforce the journal, it allows you to put more of a focus on holding yourself accountable for your spending and goal tracking.
There are lots of financial planners out there, so be sure to you find one that fits best with how you like to plan and organize! But, we thought we'd share our favorite one we are using in 2024.
This financial planner from Papier is super cute on your desk! Plus, it has sections for saving goals, 6-month and yearly reviews, budget and tracking pages, and articles from financial writer, Elle Harikleia. One reason we loved this one is that it has such a visual focus, which makes finances and goals seem less daunting!
In sum, this simple yet powerful tool can transform your financial wellness and help guide you toward mindful spending. DM us on Instagram and let us know if you give budgeting journals a try!
