Holidays on a Budget

Holidays on a Budget

Even in normal circumstances, the holidays can be stressful.  With the concerns about travel and the impact on many people’s income from COVID-19, the 2020 holidays are likely to be even more challenging.  In this post, I’ll provide ideas that might help alleviate some of 

Don’t Make these Financial Mistakes

Don’t Make these Financial Mistakes

The world is going through a very difficult phase. Everywhere we are hearing that we need to get adjusted to the ‘new normal’. Nothing is normal as it used to be. Children are not able to go to schools.   Most people are working from home.  

Do I Really Need to Budget

Do I Really Need to Budget

I wrote a guest post for The Smart Investor about deciding if you need a budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More.  Here is the start of it, to read the 

How to Budget Step 9 – Monitoring your Budget

How to Budget Step 9 – Monitoring your Budget

You may have thought you were done when you created and balanced your budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More.  However, there is one very important step left in the budgeting 

How to Budget Step 8 – Refining your Budget

How to Budget Step 8 – Refining your Budget

Very few people have a balanced budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More on the first try.  This week, I’ll talk about how to refine your preliminary budgetA plan showing targets 

How to Budget Step 7 – Create your Budget

How to Budget Step 7 – Create your Budget

You made it!  This week your only task will be to create a first draft of your budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More.   Budgeting can be challenging as you 

How to Budget – Step 6: Review your Expenses

How to Budget – Step 6: Review your Expenses

You’re almost there!  Only one more week until I describe how to create your budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More.  Before you can do that, you’ll want to make sure that 

How to Budget Step 5 – Paychecks and Income

How to Budget Step 5 – Paychecks and Income

Your budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More includes your income in addition to money you spend.  In my previous posts on the budgeting process, I talked about setting your goals 

How to Budget 4 – Expenses Not Paid Monthly

How to Budget 4 – Expenses Not Paid Monthly

Your budgetA plan showing targets for income and expenses over a fixed time period, such as a month or a year. More won’t be complete unless you include all your expenses, including those that you don’t pay every month.  In the past three weeks, I 

How to Budget Step 3 – Setting Goals

How to Budget Step 3 – Setting Goals

Setting one to three realistic financial goals is critical to financial success.  In Steps 1 and 2 of this series, I talked about creating systems for tracking and recording your expenses.  This week, I’ll finally focus on the first step I take in budgeting (as