You may be wondering, “what in the world is the Budget Deep Dive?”
Every person / couple discusses. Sometimes it brings up wonderful conversation and other times it leads to money fights / stress in a relationship. I like to think of receipts as a narrative of the 5 W’s: (Who, What, Where, When, Why) and How you spend your money. Every little purchase you make tells you what you value, what you desire, and what you need.
My process recently changed to better serve clients. In this process, I have also increased visibility -first, I have increased visibility with my clients; second, clients have increased visibility into their budget. By doing the Budget Deep Dive, I get to learn more about your story with every line item while getting to know more about you in the process. You also get to see how I operate, my passion for budgeting and my compassion that I have for you. I truly enjoy helping people get unstuck with their money and am honored to co-author a plan to eliminate anything that is hindering you from your goals.
To start the year of 2020, I began tracking where the money was being spent in our household. Every single penny. It didn’t matter if it was cash or debit card. My wife probably thought I was a maniacal psychopath for constantly hassling her to get receipts entered into the Google Sheets document (or at least hand them to me so I could upload them). I was determined to find out where all the money was going each month. I explained to her that it was okay to spend money, I just needed to know the different categories, stores, and the amount of transactions occurring every month.
Having done so, I noticed different trends. We mainly shopped at 4 grocery stores due to location, price and convenience. Our restaurant budget dropped drastically (since we were all quarantined we could cook more at home), and there were less than 25 Amazon purchases for the whole year. Side note – I challenge you to try only purchasing from Amazon once per month and re-direct some of your shopping to local business. Target had 40 transactions, and we actually had to cut our own hair for a short period of time!
This got me thinking: I wonder if other people are looking at this with such detail?
The Budget Deep Dive allows me as a coach to get more acquainted with you as a client and can be treated like a coaching session. Budgeting is such a critical piece of the personal finance puzzle which is why I start the onboarding process with it. People may look at the price of coaching and think, “that’s expensive!” but the Budget Deep Dive is only a fraction of the cost. My intent is to create a space where you are comfortable sharing intimate details of your money so we can get to the root of the story told. The best part? The money you invest in the BDD applies toward a coaching package!
Once you gain more insight and value during the session, it will enlighten and empower you to make life changes that will set you up for a more positive financial future. Will you let me help you?
Are you ready to get started? If so, let’s get connected right now!