Ep.060 Adding Up - What It Looks Like When You’re Having A Budget Reset

This week I was on the ABC’s program 7.30 Report. Quite fittingly to talk about the rising cost of living. Having the cost of groceries increase from $100 on average to now between $140 - $150 is quite gobsmacking and in last week’s episode I talked about how to do you cope with the rising cost of groceries. Over this past week I started looking at our whole budget, not just groceries and noticed how much everything is going up. To stop my blood pressure going up too, I have decided to have a budget reset and in this episode take you through what that looks like. I’m determined to not fall into the trap of working more to finance our budget and debt. So this leads to creativity with what we have.

1. My Best Saving - Ordering online $9 delivery! Cheaper than driving

2. My Best Learning - Have boundaries

3. Money Bravery - Scheduling a date night to talk money

This episode includes:

- Budget Meeting with significant other

- Listing all expenses including insurance renewals

- Removing nice to haves from shopping

- Going back to baking - Banana Bread

- Pausing any more renovations

Useful episodes to listen to if you're having a budget reset:

Ep. 044 Adding Up - Preparing the Family Finance In A Pandemic 27/03/2020

Ep.042 Adding Up - Financial Certainty In Times Of Uncertainty 13/03/2020

Ep.029 Adding Up - What Empowered Financial Education Look Like 13/12/2019

Ep.021 Adding Up - The 1% Difference That Stopped Debt In Its Tracks 18/10/2019

Ep.018 Adding Up - Coping With Routine Changes 27/09/2019

Ep.016 Adding Up - When Creativity Helps Budgeting 13/09/2019