So, can a Budget Planner REALLY help me? [Final thoughts]

I have come to the end of my budgeting experiment. See my prior posts HERE, HERE, HERE

I learned quite a bit about myself by using that little Walmart budget planner. Forcing myself to write out everything I spent held me accountable to my goals of minimizing my purchases, condensing purchases when necessary, prioritizing my savings, and how I struggle to stay loyal to my goals. It began a transformation of how I view spending.

The easiest way to explain how I fall short in fulfilling my goals is that I made it through June 12th before I stopped adding to the book. If you saw my last post, you will see I had a lot happen all at once. When experiencing disruptions, I have difficulty with staying strong in my path. In this case, while I did not record my purchases in the book, I did not go buck-wild with my spending. I indulged in some delicious food with my friend Leah – but my entire mindset shifted. Before thoughtlessly purchasing anything, I thought to myself, “will this improve my life?”. If not, I didn’t follow through with it. If it was “yes”, I gave myself permission to make the purchase and enjoy it, guilt-free!

I have made several purchases recently that fit into the “life improvement” category. Between a new laundry line system for the backyard and a gigantic wooden indoor laundry drying rack, I also purchased a vanity chair to replace the hard metal folding chair (the new chair has not arrived yet), and this LED desktop vanity mirror:

If you can’t tell, I am super pleased with this!

There are 3 other members in my household and to have the ability to get ready in a space separate from a bathroom is extremely helpful. This mirror also takes up less space than what I had been using – a tripod phone ring light and a precariously balanced, large oval-shaped wooden mirror.

But you’re probably wondering about the bottom line – did I add to my savings account? Did I cringe at my credit card bill? As for the latter, no. I was pleasantly surprised and paid it off with a single paycheck. Typically, I have to split the payment between my bi-weekly paychecks. As for the former question – I added an extra $600 into my savings account. So, while I cannot give you a breakdown of precise numbers, the end result is that my credit card bill was significantly less and the extra money that I would have normally otherwise spent into my savings account. I’d call that a win!

I am coming out of this challenge with a healthier mindset of money, spending, and what it means to me. Healthier in that I am mindfully purchasing items instead of letting my emotional state influence me. These items have a daily impact on my life and are not things that lose its newness after one wear. I am focusing more on quality items I can use repeatedly instead of choosing the cheapest route – I want to “buy it once” and once only.

While I will never be done learning about myself and looking for ways to improve, I am done with writing down each and every expenditure – at least for now! I am feeling optimistic and confident in all that I have learned during this budgeting experiment.

_______________________________

Disclaimer/Note: I do not get paid for any links added to my posts. So while I posted a link to the chair and mirror I purchased, I do not receive any monetary benefit for linking these items. 🙂 In a world full of influencers, I just want to be honest about that.

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