With the year flying by, it’s time for a 6 Month Money Reset: How To Fix Your Budget Fast. In this episode, the team shares practical tips to realign your goals and take control of your finances before December rolls around.
Reviewing Your Spending Habits
A 6 Month Money Reset starts with reviewing exactly where your money has been going. Lifestyle creep and small costs like unused subscriptions add up quickly. Whether it’s gym memberships, streaming services, or Uber Eats habits, it pays to check your transactions and cancel anything you no longer need. As the team shared, even small subscriptions can quietly drain hundreds each month if left unchecked.
Adjusting Your Budget
The next step is to adjust your budget to keep your goals realistic but still challenging. Ask yourself – are your goals achievable within your current timeframe? If not, extend your timeline or adjust expectations to avoid feeling like a failure and losing momentum altogether. Realigning ensures you’re making steady progress rather than getting stuck in cycles of unrealistic goal setting.
Tackling High Impact Wins
Tip three is all about high impact wins. Review bills like power, internet, and insurance, and consider restructuring your mortgage to reduce costs without increasing risk. The team emphasised that while it takes some admin to review these, the long-term savings are worth it.
Focusing on Income Growth
Remember it’s not always an expense problem – sometimes it’s an income problem. Have a plan to increase your earnings, whether through your current job, a side hustle, or career development conversations with your employer. Knowing your desired salary and the steps to get there keeps your goals actionable.
Building Strong Processes and Accountability
Finally, ensure you have the right processes and accountability structures. Tools like PocketSmith, along with set bank accounts and automated payments, can help you stick to your financial plan. As discussed, “We do not rise to our goals, we fall to our processes.” Regular reviews, accountability partners, and monthly check-ins will keep your reset on track for the rest of 2025.
Key Takeaways
-
Review and cancel unused subscriptions to cut costs.
-
Adjust your budget goals to remain realistic and achievable.
-
Renegotiate bills and insurances for high impact savings.
-
Develop a plan to grow your income and career opportunities.
-
Build strong processes and accountability systems to stay on track.
Next Steps:
Ever wanted your own financial adviser? James is picking one listener to coach for a whole year – apply now and you might just star on the podcast too. Apply here!
If you’d like to learn more, check out these other episodes below.
For a no obligation discussion to see how we can help you on the path to wealth, please contact us.
Disclaimer:
The information in this article is general information only, is provided free of charge and does not constitute professional advice. We try to keep the information up to date. However, to the fullest extent permitted by law, we disclaim all warranties, express or implied, in relation to this article – including (without limitation) warranties as to accuracy, completeness and fitness for any particular purpose. Please seek independent advice before acting on any information in this article.
