Budgeting by values

Focus first on basic expenses.

Before going all out on big goals and wish lists, know how to budget for living expenses. Be sure basic needs like utilities, food, and transportation are covered in your budget. Then, you can focus more on the things that spark joy. If you have a big goal in mind—anything from a dream vacation to buying a new home—you can use the savings goal calculator below to help you determine how much you’ll need to budget and save each month. This guide to budgeting can also help you get started.

Review your spending habits.

Check your bank and credit card statements and write down how much you’re spending—and what you’re spending your money on. Are you living within your means, or do you need to reduce expenses? Are you spending based on what matters to you? For example, if you see a large amount going to dining out but you really value making meals at home, that spending may need an adjustment. For everything you spend, determine if your purchases align with your core values. This step can help you fine-tune your budget and spend with purpose. 

Use a budgeting worksheet.

A worksheet makes it easier to know how to budget for living expenses. Our super budget worksheet has the formulas and calculations pre-populated to make it easy for you. Ensure you’ve got more money coming in than going out, and feel free to modify the worksheet to reflect items that are unique to your values. 

Download Super budget worksheet (XLSX)

Check in regularly with your budget—and your values.

Review your budget regularly to keep yourself on track. Your expenses and priorities may change over time, so you’ll want to adjust your budget accordingly. You can even set a review reminder on your calendar to help you stay on top of your finances.