If you've never thought about budgeting, tried and failed in the past, or simply don't think it'll work for your situation, I'm here to tell you, you need a budget. But, you need the right budget to make it work. It can be a daunting task to start a budget.…
Christmas is obviously a time of giving, but when it comes to our kids, we have a tendency to go a little overboard. Little GFB still has gifts from last Christmas he never got around to opening. Since we began embracing a more deliberate attitude toward our spending, we’ve also…
You’ve probably heard of balancing your accounts, but what about balancing your budget?
I don’t mean reconciling your planned spending with your actual spending. I mean adding balance to your budget.
Do you ever wonder where your money is going? Or where it went? Do you feel like you can’t seem to get ahead even when you make more? The problem likely comes down to a lack of awareness and intentionality with your spending. This can easily lead to lifestyle creep,…
One of the best things we can do for our kids is to educate them early on about personal finance.
I don't remember ever getting any sort of financial education or advice as a kid. In fact, I was only ever taught 2 things about money in school:
About a year and a half ago we decided to challenge ourselves with Debt-Free Disney. We slashed our spending and quickly built up our savings. I even started blogging as a way to keep me motivated and accountable.
We get paid bi-weekly, which can make monthly budgeting a challenge.
I firmly believe in the YNAB way of only budgeting the money you have available (not what you expect to receive), but as much as I love all things YNAB, the monthly layout isn’t exactly helpful for seeing where you are at a glance, especially when you’re in the paycheck to paycheck cycle.
So I’m experimenting with my own creation this month.
I alluded to the idea of sinking funds in my post, Do You Really Need An Emergency Fund? but if you haven’t been budgeting for long, you may be wondering...
What Exactly Is a Sinking Fund?
I’ve been feeling pretty discouraged lately. It seems every time I look at our finances, things are moving in the wrong direction. We’ve been hit with one thing after another - car repairs, medical expenses, vet bills, more car repairs - it feels like it will never end.
You Don't Know What You Don't Know. Until I started budgeting I never really knew what I was spending. Even after budgeting for years, I've never really analyzed the data looking for patterns. I assumed I knew roughly what was coming in and how much was going out. I was…