How To Create a Results Driven 2018 Personal Budget Plan

A BUDGET IS NOT JUST ANY BUDGET, IT’S YOUR BUDGET   At the end of each year and during the first month of the new year I often get social media bombed by readers of this blog about creating a personal budget plan. This is great news though because it tells me two things; You want to learn more about budgeting You care about your money It is often this time of year when debt weighs heavy on people because we’ve just finished Christmas and the new year signifies fresh beginnings. I feel as a finance blogger who specializes in budgeting, debt and frugal living that I should always send out a yearly reminder about the importance of budgeting for everyone. This is why financial and personal goals start at the beginning of the year for most people at which time they are 100% committed, for a minute and then forgotten. Don’t lump yourself in that pile because you’ll never get ahead without that drive to succeed. By all means you don’t need to use a budget to be successful but I fully believe that using a budget will always outweigh not using one. Not everyone who wants to start […]

3 Budget Preparation Steps Not To Be Missed : Our April 2016 Budget Report

YOU CAN’T BUILD A BUDGET WITHOUT BLUEPRINTS   Budget preparation is an essential action step that if you pretend you don’t need you’ll never get past GO with your finances! Creating a personal budget doesn’t have to be complicated however the fine details certainly help to assess where existing or potential problems may sneak up.  Using a financial spreadsheet to document everything to do with money coming in and going out of your life is in my opinion an essential tool for everyone, even if you think you don’t need it. You do! Every month before you sit down to figure out your finances there are budget preparation steps that you don’t want to miss. The reason for this is because if you put half the effort into your monthly budget you’ll only get partial or potentially inaccurate results. Like you, budgeting was new for us years ago and took time for us to get to familiar with but over time we can safely say we are in a place where we confidently collect the monthly data we need. If you are one of those people who think you can search the web for a free budget template and think […]

How spending money requires time: Our Family Budget June 2014

SPEND WISELY AND STAY ON TRACK   Sure spending money sounds pretty easy to do but it’s not that easy when you just don’t have the time to spend. If you have kids and work full-time, appointments, chores etc. finding that time to spend becomes smaller and smaller. Many people spend out of boredom which means they roam the mall or shops looking for things that they might need as opposed to what they actually need. I try to get out to pick up what I need and get out although that’s easier said than done.   Spending money is not that easy   Yes, I know you can spend money online without leaving the comfort of your home or job but if it’s not something you normally do it’s likely no big deal to you. You probably don’t even think about spending money buying products online. If you’ve ever asked yourself how you can stop spending money I have the answer. The answer is to fill your day with activities that don’t cost you a cent. The other answer is to be mindful of your budget so you aren’t out blowing money that you simply don’t have. I suppose […]

PF Weekly grab a brew #53: Free excel budget template takes off for 2014

BUDGET ON THE BRAIN?   Unlike New Years diet and exercise videos, budgeting your finances doesn’t have to be painful. Having only enjoyed two days of the New Year I have noticed a common influx from viewing site statistics. My Free Excel Budget Templates for creating your own budgets have been popular to say the least. There is no better time than right now to start your budget and for some eager viewers, they have wasted no time in showing that. The beginning of the year is the best time to start your new budget if you’re already familiar with them or to start your first budget from scratch.   A reason to budget   For some people January bills can be daunting especially after the holiday period. I’m sure there’s always some items you bought before Christmas in the grand hopes of using them and yet failed to utilise them. I’ve done it a few times, I just learned and moved on. That’s what budgeting is all about, learning where your money goes and then correcting the situation. Information is the best tool you have and only you have all the information to start your own budget spread sheet.   Being on a budget is good for […]

Bust our budget October 2013: Romance and money

BUDGET CATCH UP IN EFFECT   Just when you think you have everything under control life throws you lemons. You know that you can’t spend more than you earn but inside your head you say it’s ok to spend a bit more because you are worth it. Sure you could spend cash if you have extra money and no debt like us but it’s also important to realize why you are budgeting in the first place and whether your budget needs to be tweaked to fit your lifestyle.   In September we thought for sure that expenses would cool down a bit and they did for October just not as much as we would have liked. As you will see below we didn’t save a whole heck of a lot of money in our savings account but we did manage to balance the budget as per usual. I had to spend money for work as well we bought a universal home gym second-hand which cost us a bit of money. I have some gym equipment that we have been using but I wanted more weights and the system was a great price so I wasted no time picking it up. […]

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