Now that you have identified some areas where you would like to make some changes, it is time to revisit your Expense Worksheet.
In the second column titled “adjusted,” indicate how you would like to change your spending. For example, if you are currently spending $80 per month on the Dry Cleaning/Laundry category and you wish to spend only $30 per month, write -$50 in the “adjusted” column. If you are saving only $50 per month, but would like to save $100, write +50 in the “adjusted” column.
Remember, this is not about sacrifice; it is about making choices to help you achieve your goals. Because maintaining a spending plan is so important, you are encouraged to enroll in a free budgeting webinar.
After you have made adjustments, you can move forward using this spending plan as a road map for achieving your goals.
If you need more help identifying and documenting your desired spending limits, Lynnae of BeingFrugal.net offers some advice and shares her own experience.