Budgeting and I have not always been friends, especially when my husband, Eric, and I first got married. Like most people, once I graduated from college and got my first real job I thought I was set. I was finally making real money and could start to do all the things I always wanted to do. Using a budget seemed so restricting and would prevent me from truly living life. Yet, that is so far from the truth. After learning what true stewardship meant and taking Dave Ramsey’s Financial Peace University course (FPU), I realized that having a budget is essential in the journey to financial freedom. There are a lot of budgeting tools and sheets out there, so finding the best one is key. I believe the best budgeting sheet out there is the FPU Monthy Budget Sheet for two important reasons.
#1 The FPU Monthly Budget Sheet Is The Best Because It Accounts For So Many Things
I do not know about you, but my monthly spending is often all over the place. We have our major bills, like the mortgage, insurance, utilities, groceries, etc. Then we also have all of the other things we have to account for like, kids clothing because they seem to grow daily. There is also gas, doctor bills, babysitting, gym memberships, swimming lessons, allowances, and the list goes on and on. So the only way your budget can be truly effective is if it takes into account all of the things in your life that have to be budgeted for.
Although there are times when we wish our lives were simple, the truth is they aren’t and our budgets cannot be too simple either. If you are using a budget sheet that is too simplified it can become too easy to not account for all the things you need to budget for. Then you find yourself going over budget repeatedly because you did not take everything into account you should have.
For example, when I first started budgeting everything I bought at the grocery store would come out of my grocery budget. Then I would find myself constantly running out of grocery money and I did not understand why. I was meal planning, shopping the sales, and couponing. Yet I was finding myself coming up short repeatedly. Until I realized that I was not just buying food at the grocery store. I was also buying paper goods, cleaning supplies, and hair care products. These are all things we needed, but not food. So I started to budget for all these things separately. It has made a huge difference in me both staying in budgeting and planning for my families needs correctly.
#2 The FPU Monthly Budget Sheet Is The Best Because Tithing, Charity, & Offerings Are Listed First
The biblical principle of tithing is something that my husband and I learned early on in our marriage. Tithing is simply giving a tenth or 10% of your income to your local church.
As a person who often likes to test my limits, how could I not test God in this? My husband and I have been faithful tithers for years. We have seen God work in and through our finances to do way more with 90% than I could have ever done with the 100% on my own. Also as a Christ follower, it is important to follow God’s Word and to be a good steward of the resources He has blessed us with. It is a joy to not just give to my local church, but to also give to others that God lays on our hearts.
I also had to realize the putting your tithe and giving in your budget is not about legalism, it’s about practicality. How can you effectively steward what you have if you are not taking into account all that you are giving, spending, and saving?
Having the right the right tools to budget your finances effectively is so important. By using the FPU budget sheet, found here, you will have to best tool out there to help you budget and be able to successfully continue on your journey towards financial freedom.
I’d love to know if you have taken FPU, used the FPU budget sheet,
or what is your favorite way to budget in the comments!