Use technology to make budgeting a breeze.

Budget 101: Electronic Tools

Keeping track of your budget is definitely a pain in the butt – I get it – but with all the free tools online to help you, it doesn’t have to be. 30 minutes of effort can get you set up with any of these sites. Keep in mind, if you’re going to use an…

Truth

Budget 101: Debt Control

Whether you have a mountain of debt or not, a budget is a necessary tool. If you’ve managed to avoid debt all together, good for you! A budget will still help you keep track of your cash flow and allow you to maximize it’s potential. If you do have debt, like the vast majority of…

A example of my annual budget sheet.

Budget 101: Yearly Budget

            Now that you’ve mastered your monthly budget (right?), we’re going to look at making a yearly budget. The good news about this budget is that some studies show that people who make a yearly budget have an even better grasp on their finances, since random payments that spring up…

Budget 101: Monthly Budgets

Budget 101: Monthly Budgets

Now that we have a snapshot of our current financial picture and a grasp on our financial goals, it’s time to get down to the nitty gritty of financial organization – the monthly budget. To start your monthly budget, enter in your current checking account balance at the top of the month, your income, your…

Budget 101: Financial Goals

Budget 101: Financial Goals

Up until now we’ve talked about some of the money mindset hook-ups that people have, developed a net worth statement and distinguished between needs and wants. Lots of those things aren’t fun at all, and can actually be quite depressing, but today is the day to start dreaming. Studies show that most people have never…

Budget 101: Needs vs Wants

Budget 101: Needs vs Wants

Something that folks of the Depression era seemed to have a much better grasp on than the Generation X and Yers is the concept of needs versus wants. Clearly defining these and coming up with an approach to pay for them is likely to change your outlook on spending. Here, in its most basic form,…

Budget 101: Net Worth

Budget 101: Net Worth

The other day we talked about money psychology because it’s so important to get a firm grasp on your money hang ups as you start to delve into sorting out your financial state. Once you start to see why you have the issues you do, you can begin to resolve them (honestly, you can begin…