Okay, so over a year ago, I finally read Dave Ramsey’s Total Money Makeover (Love!!! and highly recommend!!!). In it, I learned a ton of financial concepts – but my favorite, by far, is the Zero-based budgeting (which I call Zero Balancing… it just makes more sense to me – but apparently zero balancing is a type of massage therapy…)
So in financial terms, it’s taking your income and budgeting every penny (hate the word budget)… so that at the end of the pay period you have “zero.”
You earn $1000, $500 goes to rent, $300 to food, $100 to utilities and $100 to debt. Nothing is left over – everything has a purpose.
But I’ve used this concept for so many topics! The most visual example I can think of is Thanksgiving Dinner:
There you are, having bought/cooked so much food and it’s now on display in the dinning room. In comes all your friends and family who are either served or serve themselves and eat up the yumminess.
But OF COURSE, there’s food remaining! So what do you do? You can either eat more, wrap some up for your guests to take home, wrap some up for left overs, or do NOTHING, and the food will sit and rot on the table where you will eventually have to just toss it all out! Such a waste!
Zero balancing is just making sure – before you call it an evening, that you find a home for all the left overs – that zero is left over! No waste!
Applies to grocery shopping/cooking – making sure that before you run out to get more groceries, you eat what you have in your home! Especially the perishables!
Applies to being energetic – if I want to “have the energy of a six-year-old,” I need to PLAY equally as much or, in adult terms, exercise to get the energy endurance I envy! (Wow, that was a lot of e words…)
Why am I randomly so excited about this Zero Balancing that I technically learned a year ago?
Because since that time I’ve tried to find a way to redo my check balancing system (for years, I used an excel spreadsheet as a “checkbook.”) so I can maximize this Zero Balancing concept: And I finally got it! (okay, okay, I should probably test it out for longer than a minute – but seriously, SO happy about discovering this Numbers page!)
And you guys know… I love sharing anything I find!
Love you all! Happy super late Sunday!