Creating a budget is no easy feat, so I’d like to start by applauding you for doing just that. You’ve come this far and yet, the bottom line shows that you have more expenses than you have income, and you aren’t sure what to do next.
Don’t worry. I’ve got a
I know, I know. You’ve been waiting for this moment. You gathered your income, sorted through your expenses, argued about debt with your spouse, got a little bummed when you realized how little you have in savings, but you have those goals and you can’t wait to get that budget
You’ve verified your income, added up all of your expenses, and even come up with some variable expense funds you’d like to implement. Sure, you don’t have any idea how to put it all together yet, but that’s okay because we still have a little more information to cover before
One of my favorite ways to plan for and keep track of those pesky variable expenses is to create “funds” within my budget. The idea is that I will budget how much money I will need for each expense throughout the year and divide that yearly amount by twelve. I
Meeting our financial goals most often comes after we’ve made some sort of sacrifice, and yet, if we don’t know how to run a proper budget, then there is no way to ensure that we will succeed. This series, How to Implement a Budget and Achieve Your Goals, helps us
You want to be debt free, have your sights set on buying a lake house, or want to retire early and travel the world. Whatever your goal is, it probably requires adjusting your finances to make it happen, correct? Today we will do just that! […]
Over the last year, I’ve been bringing you tips and tricks about how to get your finances in order. It occurred to me, though, that you might not know why I even bother. Why does it matter to me that you know how to manage your family’s finances? Why would
Financial goals are created much the same as our personal goals, with one major difference – they involve our finances. Pretty self-explanatory? You’d think so, and yet a lot goes into making sure that your financial goals are not only specific enough that you can follow them, but […]
It’s important to know that the actual process of goal setting doesn’t stop after we’ve made a list. If we actually intend to meet that goal, we need to dig a little deeper and create a […]
It’s not easy to make a decision to change your finances. Well, I might be wrong – the decision to do so might actually be the easy part. The issue comes a little while down the road when we recognize that […]
You never thought it would happen to you. You worked hard. You did everything and anything required of you, went above and beyond for your employer, and yet, here you are, pink slip in hand. Now what? […]
I don’t know about you, but every year the start of school and the need for school supplies seems to catch me off guard. With the start of our new budget at the beginning of the year, however, I set aside a small amount of money each month in anticipation