The first thing you may notice when you start using One Goal is that your spending plans are allocated on a weekly basis. This may be completely new to you if you are used to calculating your budget per month. However, you shouldn’t let that scare you away. Having a weekly budget will change your world for the better and get you to financial success faster than you can imagine.
Here are three reasons why One Goal uses a weekly based budget:
Whether you know it or not, you already spend money on a weekly basis. Maybe you go to the grocery store on Monday, get gas on Wednesday, and go out to eat on the weekend. Or maybe your life gets crazy and you don’t have specific days that you do any of those things, yet you find yourself doing them at least once a week. If you have a certain amount of money for each of those weekly activities, you will find it easier to remember how much you can actually spend. This in turn helps you to keep your budget and stay on track to reaching your savings goals.
How often do you get to the end of the month and think, “When did my account get so low”?! When you budget on a weekly basis, you will be checking your spending more frequently and be able to better track where your money is going. You will also find it easier to manage transactions this way, instead of spending hours doing it at the end of the month. A weekly budget can help eliminate stress that comes from a monthly one, and by doing so, will help you develop the habits to actually keep it.
When you have good financial habits, you can take control of your money, stay out of debt, and be on a path to reaching larger goals. By tracking your budget weekly, you can begin to develop these good habits. Top athletes did not get where they are by working out once a month. By breaking down where you want to go into bite size pieces, you will be able to adjust faster, be more consistent, and actually reach the dreams you have always wanted.
One Goal is weekly to match your already weekly routines, help you stay on top of your money, and create better financial habits. Budgeting on a weekly basis may be a new concept, but we promise the return will be worth the change! A weekly budget will give you 52 chances to improve your spending, and each time get you closer and closer to achieving your goals.
