Budgeting is key to achieving financial independence, and at first glance, it seems like a simple solution to a complex issue. By understanding your monthly inflows and outflows, you can easily identify where you’re spending too much and cut down on your expenses or you may decide to pursue a side hustle for extra income.

But as you go through the process of taking control of your financial life, many things will come up. This is an unavoidable part of the process, and it is the number one reason why budgets fail.

In today’s episode, Dylan discusses the emotional excavation that goes along with budgeting and how you can overcome your feelings about money.

Show Highlights

• [02:15] Why budgeting can bring up feelings of fear

• [07:02] Why budgeting can bring up intergenerational issues

• [09:09] Other emotions that budgeting can bring up

• [19:57] Why budgeting is an ongoing process

• [21:17] Attachment issues, according to Duey’s Freeman attachment cycle

Links and Resources

🟢 Money & Parenting: What’s Our Role as Parents? → shorturl.ac/moneyandparenting

🟢 Fiscally Savage → FiscallySavage.com

🟢 Fiscally Savage Tools → FiscallySavage.com/tools

🟢 Instagram → Instagram.com/TheDylanBain

🟢 Threads → Threads.net/@TheDylanBain

🟢 Facebook → Facebook.com/fiscallysavage

🟢 Twitter → Twitter.com/FiscallySavage