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How’s your budget MRS CFO?






















Each quarter the CFO delivers a budget and the company employees listen intently.

The Budget tells us how the company plans to spend its revenue in the coming year, whether it can afford to give the employees the bonus they want, or host that fancy staff dinner.

Sometimes the company needs to spend more than it expects (creating a deficit) or less (creating a surplus) than it receives.

As you are most likely the Financial head of your home; I’m now giving you an importance senior C level title.



So Mrs (insert sir name here) Welcome to your new role of as CFO Chief Financial Officer of ‘The Home’’ !! -Applause! Cheers! Champagne!


Congratulations on achieving this important role within the household. The role is challenging, but like any good leader, I know you will handle this with grace and nobility, and lead the family through challenging times to greater outcomes…


Now- I hope you take this seriously! As this could very well be one of the most important roles you have in your life (not to mention your families)







So what does your new role entail??

Well, a chief financial officer (CFO) is the senior executive responsible for managing the financial actions of a company. The CFO's duties include tracking cash flow and financial planning as well as analysing the company's financial strengths and weaknesses and taking corrective actions.

Basically now you’re a GIRL with a GOAL, or a MUM with a Mission!

Your task-

  1. BUDGET like a BOSS (try my budget dashboard)

  1. TRACK spending and expenses (fill it in every week!)

  1. Analyse and assess you position, and define your dreams and goals

  1. Make a PLAN to lead yourself (& family) to financial freedom!

BUDGETS are the best place to begin and SO important on a personal level, (the most important I think!) without a sound understanding on your income and expenses you are well and truly lost.

Budgets are even more important when living costs are rising and uncertainty abounds.

The most critical part; assessing your surplus and any deficits. And productively directing the use for your funds.


TRACK spending - its super helpful to have a spreadsheet or budgeting tool to help you. You will need to commit yourself to filling in the budget for the first couple of months to get a feel for your spending as most people are shocked when they see the real life numbers! As time goes by you can refine this and slowly reduce expenses, add side hustles and start stacking your paper!

ANALYSE your position frequently, check gaps of weakness and risk and make amendments as you go. Plan and excute like a CFO!

Build an emergency fund to carry your family (company) through hard times. This is your contingency plan.

PLAN Create a short term and long term plan and make sure you lead by example and inspire your little team to work towards your grand vision!

SOME easy things to start doing today!

Aim to Save more and spend less

it’s easy for spending to get out of control so exercise will power and start using your executive powers to call the shots and make wise decisions!

Youll be amazed how small savings add up! A saving of $27.40 a day makes $10,000 per year! Think of that as a take away coffee, and canteen lunch.


Take control

Get confident and gather your information, past pills and payslips. Make the phone calls you need too! Get it done!

Do I really need this?

After a few weeks of settling into your CFO role you’ll have an idea of where your money is going; then it’s time to start asking yourself a couple of questions:


1. Do I need to spend this much on this category?

2. When I over-spend, what can I do to prevent it happening again?


It’s worth remembering that every year in Australia we spend billions of dollars on food we don’t eat, clothes we never wear and services we don’t use. So for many people, gaining control over spending doesn’t mean ‘going without’, it just means being sensible about spending. There are numerous activities you can enjoy for free, and you can even turn a ‘thrift campaign’ into a hobby.


Remember to Watch debt and start paying it down!

Pay off credit cards every month to avoid high interest costs. If that’s not possible, investigate consolidating credit card debt into your home loan or personal loans with lower rates. When borrowing, always make sure you leave a ‘comfort zone’ to ensure you can meet your commitments and any emergencies that arise.

If you need help with your budget check out my easy to use Dashboards and Eproducts! They are designed to take you from beginner to budget boss!


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