My wife and i recently reviewed our expenses and cash flow to see if our current budget structure is working for us. We realized that since we are not 10% using the envelope system it makes more sense to have a separate expense account, as we were spending more than the budget amount on items …
A Budget serves many and different purposes for different people. For us, it serves like a step by step navigation system. Since we are trying to kick debt off, a budget is one of the tools that as travelers on the journey to become debt free we do not have the pleasure of living without. …
There are a lot of articles out there and even packaged commercial solutions that promise a debt free life without a change of lifestyle. This in my opinion is a misrepresentation of the truth, but since it does not call for any kind of personal sacrifice, we are quick to check it out- and this is our …
It’s not summer yet and the gas prices have started to rise. According to AAA the national average retail price for a gallon of self-serve regular is $2.830 or 80 cents higher than the average price one year ago today. Although this is not a record price, it is definitely affecting consumer budgets. Three months …
I was so obsessed with our budget a year ago (an excel spreadsheets with formulas on it) that i would check it several times a day. My obsession has declined and i check it now at least twice a week, but i still love the idea of budgets. If you are on track to get …
The journey, race or walk to debt freedom and financial peace has a lot of obstacles and can be a very wearisome one. To strengthen the financial muscles for this journey to financial freedom there are three absolute FINANCIAL NEEDS that are both critical and dynamic. 1. Budget This is the tool that helps you …
To successfully manage personal finances, we realized that reviewing our financial progress is as important as putting the plan on the paper. Like most businesses keep track of their inventory, personal finances calls for the same. This helps you answer these questions: Where are you financially? You have to be true and honest to yourself. …
Before we went through the Dave Ramsey’s FPU, if you would have suggested to me that i can use cash in an envelope to manage spending, I would have told you that you are out of your mind.
Get in control of your finances…. the christian way
