Value-Based Spending Plan
Module A: Align Your Finances with Your Dream Life
Purpose: Create a spending plan based on your personal values rather than arbitrary budget categories
Time Required: 30-45 minutes
Complete First: Money-Values Alignment Worksheet
PART 1: Your Financial Foundation
Step 1: Monthly Income
Step 2: Essential Expenses
Essential expenses are those you must pay regardless of your values (housing, basic utilities, etc.)
Step 3: Calculate Available Discretionary Amount
This "Available for Value-Based Allocation" amount is what you'll distribute across your value-based categories in Part 2.
PART 2: Create Value-Based Categories
Create 4-6 personalized spending categories based on your core values from the Money-Values Alignment Worksheet. You'll then allocate percentages of your discretionary funds to each category.
You can add additional categories if needed. Just ensure your total percentage equals 100%.
PART 3: Value-Based Spending Plan Summary
Step 4: Verify Your Allocations
Category | Percentage | Dollar Amount |
---|---|---|
Category 1 | 0% | $0.00 |
Category 2 | 0% | $0.00 |
Category 3 | 0% | $0.00 |
Category 4 | 0% | $0.00 |
TOTAL | 0% | $0.00 |
Step 5: Implementation Plan
You've created a spending plan that aligns with your core values rather than arbitrary budget categories. This plan will help ensure your money supports what matters most to you.
Next Step: In Module L, you'll learn strategies to leverage your financial resources even further.