I was blessed to meet one of my long-time favorite bloggers Crystal Paine aka. “MoneySavingMom” at The Relevant Conference back in 2010. I had been following her blog for quite some time; I even spent many long Sunday afternoons clipping coupons, organizing my coupon binder and walking out of CVS with my stash of freebies.
I attended the Relevant Conference again this year and Crystal was there sharing her new book The Money Saving Mom’s Budget with all of the attendees. I was ready to get my hands on the book (and I wasn’t alone!) I’m pretty sure Crystal’s table was buzzing with bloggers all weekend!
I sat down and read most of the book in just 2 days, and I’m not a big reader. NO LIE.
Crystal had made The Money Saving Mom’s Budget easy to understand and shares ideas that you can implement right away!
Right in the beginning of the book Crystal outlines steps that you can take to meet your financial goals. Each of these goals is broken into monthly actions, which really helps to break down the process into doable steps.
Rule #1 – Set big goals and break them down into bite-sized pieces
Rule #2 – Streamline your life and cut the clutter
Rule #3 – Set up a realistic, workable budget
Rule #4 – Take the cash-only challenge
Rule #5 – Use coupons
Rule #6 – Never pay retail
Rule #7 – Choose contentment
My BIG “ah-ha” from the book:
For many people goal setting comes natural to them, second nature. They know what they want to accomplish and most have a deadline in mind. I have lofty dreams, and I do often set goals – for me it was the idea of breaking down a goal into bite-sized and measurable pieces. I love this idea because it can be used in so many different areas of our lives, including finances.
I’m trying to lose at least 70 lbs this year. That is a very overwhelming goal. A big goal. It often seems unattainable. But if I break down my goal into bite-sized pieces, it’s much more encouraging to look at how the goal breaks down into monthly or even weekly goals.
- I need to aim to lose 5.8 lbs per month
- That’s just 1.45 or about 1 1/2 lb a week.
- Doesn’t that sound much more achievable?!
- Amount to save: $3000
- Time to save= 3 years and 7 months or 42 months
- Monthly Goal: $71.42/ month
- Weekly Goal: $17.85/week
- If you want to break it down even more that would be just $2.55 per day!