034 Why Budgeting Fails and Budgets Suck

It's a real shame: budgets and budgeting apps are designed to fail. They just tell you the fun and rewarding things that you're not allowed to do! Life's too short not to enjoy it.

But since there's a Future You that will want a new car, to buy your first house, to travel the world, go back to school -- not to mention that you've got a 50-50 shot at living to be 100 and you don't want to work for the next 75 years and actually want to retire -- you need to save money. Lots of it.

In this week's episode we explain why the typical budget based on denial and cutting back is the exact opposite of what you need, and instead offer up our approach that starts by dreaming of the things that really make you happy, then "buying" them one month at a time. So you can't actually buy a house $500 per month for three years -- but you also can't spontaneously save $20,000 three years from now when it's finally time to buy a home for your new family.

You'll learn how managing your money has to be the same as how you improve your run time, pull-ups, push-ups, or sit-ups to achieve your goal for your next Fitness Test in the military. Set a goal months or years in the future, then work every day towards it, celebrating small successes along the way, while still enjoying a couple beers or pizza along the way.

Don't miss an episode: subscribe today on Apple or Spotify today, and opt-in to our weekly newsletter by signing up HERE!

Time is almost up to pre-order our mini-course, "Financial Freedom in the Military" and get FREE access to the course when it launches!!! Sign up here: https://www.militarywealthcoach.com/joinus

For a complete library of our episodes, blog posts, and more, visit www.militarywealthcoach.com, and follow us on all the socials by searching for Military Wealth Coach or @mwc112358.