Building a budget may sound complicated, but it is an essential Fundamental Financial Principle. If used properly, budgeting will prevent costly mistakes, increase savings, avoid unnecessary expenses, and improve your overall financial health. I wanted to come up with a foolproof system for creating a budget that works and one that is easy.
Dealing with bills, documents, and how your money comes in and out can be a complicated process. However, I believe the task can be simplified. I want to share with you my methodology to streamline your finances. There was a time when I would spend 8 hours EACH month working on my finances. Now, I have it down to about 30 minutes. Read on to find out how I was able to do this.
Buying A Home Comfortably When you begin your home search it is always a good idea to figure out how much home you can comfortably afford. You may have been preaqualified for a certain amount but will that allow you to live as you would like to live. We are going to take a look […]
Summer spending is one of the highest moments of our financial yearly budget. It is filled with vacations, extra food because the kids are home, daycare expense increases, parties, events and more. What is a financial cleanse? A financial cleanse is similar to a diet. After overindulging in too many sweet treats or fast food […]
How to Work Back-to-School Into Your Budget Try this little mantra called the 50/20/30 Rule. What that means is: 50% of your monthly income should go toward your essential expenses like housing, utilities and groceries. 20% should go toward your financial priorities like debt payments, retirement accounts, college savings and emergency fund. The last 30% […]