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 

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 

How to Budget Step 2: Tracking Expenses

How to Budget Step 2: Tracking Expenses

Now that you’ve found a system for tracking expenses for budgeting, it is time to start recording them in your spreadsheet.  In Getting Started with Budgeting, I talked about how to track your expenses.  This week, I’ll focus on the following steps from my very