I have always been a right brained thinker. Fitting into the mold of public school was never something I did well. After studying for tests, working hard and still barely squeezing by as average, I brushed myself off as a failure. The same held true when its came to managing money. However, I don’t believe having a unique way of thinking should prevent people from the benefits of budgeting. That’s why I’ve compiled this post to dive into the struggles right brained thinkers might face when it comes to budgeting and how to overcome them.
Right brained budget struggles
Often times you’ll find that people who talk about budgeting and money the most tend to be more “left-brained” thinkers. That means they might actually find comfort in things like:
- Tracking their spending
- Creating graphs and charts
- Learning all of the complicated financial lingo
- Calculating interest rates
For us right brained people, we might come across these types of teachings and thing that budgeting sounds like the worst possible way to live our lives.
So we just don’t do it.
The deep ends of budgeting
When it comes to money there are two major things that I have found go wrong.
- People don’t want to fuss with all the complications of budgeting so they live stressed out and paycheck to paycheck.
- With good intentions, people want to grow wealth and save money that they start obsessively penny pinching and become more obsessed with money than broke people.
What I want to do is help walk you through how to avoid either of these drastic ends of budgeting.
Money should be enjoyable
More than anything money and budgeting should be used to create a financial plan that not only benefits our long-term financial goals, but also allows us to live a life that is aligned with who we are and what we want to accomplish.
How to right-brain budget
Do the hard work
When you so badly want to have the financial benefits of money but you hear scary money words like index funds, interest rates, stocks and bonds…it seems overwhelming.
I get it.
You don’t need to be a Wall Street loving person all of a sudden. You can still do the hard work in your own terms to understand what you need to do. The Bucket List Budget course will walk you step by step through how to set up a solid budget without being too restrictive.
Break it into chunks
A lot of books or trainings will give you so much information really quickly. They will take you from point A to point B way faster than you might be ready for.
So when you are at the beginning, don’t let yourself get overwhelmed with too much information.
Finding a plan or a financial course that is broken down into actionable steps would be a great way to slowly and effectively put your budgeting plans into place. Learn more about The Bucket List Budget.
Understand your number
Don’t assume making more money will make you instantly better with money. Start where you’re at.
So if you’re feeling like you need to make more money or reach one more financial goal before you start budgeting or paying off debt, think again.
The best thing you can do for yourself is to slowly, but effectively, start understanding how to manage the money that is currently in your possession.
Don’t get too insistent on the rules that you snap. You are allowed to reward yourself.
I’m not saying to un-do any beneficial financial moves that you have made, but instead set goals for yourself and when you reach those goals, determine what reward you will set.
For example, once you pay off your first credit card, you will use $50 to go out to eat.
After you’ve paid off $5,000 you get a weekend away.
There is no law saying that you don’t get to enjoy your life in the midst of financial hardships. Just be smart and disciplined as you aim for your goals and then allow yourself to actually enjoy the fruits of your labor.