Financial Prep: Budgeting With Cash Envelopes
04/14/2011 • After last weeks' post on starting a budget, I got a comment from a reader who was frustrated that her 'once good budgeting habits' had started to slide and she didn't really know how to get back on track. Her main complaint was essentially that although she does a good job of starting the month on a budget and estimating her expenses, she has not been able to stay on top of tracking where all the money goes-making it hard to determine if she's overspending in certain categories, etc. She used to be able to enter all her receipts into more
Financial Prep: How To Start A Budget
04/07/2011 • Bragging moment: I've always been decently good with handling finances. Numbers and self-imposed limits have always come rather easy to me. So living within my means was never a big issue in my life and I never really felt the need to carefully watch my spending. Of course, that seemed to be more at a time when my needs and wants fit well within my income. Now, with two kids and more expenses and a decreased income, the boxing gloves have had to come off and I've had to sit down and actually figure out how to live on a more
