#133 What category should I put this in?

Are you someone who struggles with categorizing your expenses and sticking to a budget? Do you find yourself getting overwhelmed and overthinking every little purchase you make? If so, you're not alone. Many people struggle with categorizing their expenses and keeping track of their spending. In this episode of the Money Mindset Podcast, Ashley will help you shed yourself of overthinking and fear so that you can start taking action towards your financial goals. She'll address common questions like what budget category to use for toiletries, paper products, and groceries, and how much to budget for these items. She will also walk you through some simple steps to help you categorize your expenses effectively, and stick to a budget that works for you. Hosting Today: Hey, I’m Ashley Patrick, a personal finance expert and founder of Budgets Made Easy. I help busy moms create systems to save money and pay off debt so they can reach their big dreams faster and easier. I was able to pay off $45,000 in just 17 months including $25,000 in student loans in just 10 months. I’m a Master Financial Coach and have a bachelor's degree in psychology and will help you get to the root of your money problems. Since my journey started I have been featured on Fox Business, Yahoo! Finance, Food Network, USA TODAY, MSN, CNBC, NerdWallet, and many others. “Don't make it overly complicated cuz you need to be able to follow through with the plan and actually track the stuff. And if you make it too complicated to track, you're not gonna follow through with it.” - Ashley Patrick Timestamps: 00:00 - Introduction to the episode 02:15 - Categorizing groceries 04:27 - Suggested budget for groceries 06:35 - Other budget categories 07:52 - Cash envelopes 08:29 - Using cash 10:17 - Budget Starter Kit 11:10 - Make your categories specific enough for you 12:03 - Last words of wisdom If you would like to sit down with me and discuss what you are struggling with and some steps that you can take to make progress and get over that big struggle, I invite you to sign up for your own Budget Strategy Session episode at www.budgetsmadeeasy.com/strategy and have a mini coaching session with me. And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes Resources and Links Mentioned: Book your Budget Strategy Session here-> www.budgetsmadeeasy.com/strategy Cash envelope wallet: www.shopluxewallet.com 10% off code: BMEasy10 Budget Starter Kit: www.budgetsmadeeasy.com/start Connect with Ashley: Instagram: www.instagram.com/budgetsmadeeasy