How To Budget When Your Expenses Are More Than Your Income
What is the point of budgeting if your expenses are more than your income?
If you are not making it each month, then why bother putting it down on paper and actually KNOWING the numbers? It will just make you depressed and won’t change anything. After all, if the math doesn’t work then the math doesn’t change just because you wrote it down. Facts are facts. If there is no money then there is no money. Right, right?!?
Money management is not about the math. It’s not about the numbers. Its about the feeling that you have towards your money. And budgeting gives you CONTROL. Being in control is empowering. Being in control gives you options. Being in control makes you the master of your money and your life and not making money the master of you.
That being said, what do you do when your expenses are more than your income?
What if the outlay is actually more than your inlay?
How does writing it down help with that? How will anything change?