Have you ever gotten to the end of the month and wondered where all the money went? Maybe you think back on what you bought, but you can’t recall any super big expenses — or at least not enough to account for all the money you made.
So where does the money go? If you don’t know, it’s time to find out. » Read more
When it comes to money management, many of us are aware of the importance of monthly budgeting. Creating a budget allows us to develop a spending plan for our money while helping us to identify ways that we can save. It may be easier to stick to a budget when the spending activity is based on one individual.
How then do we successfully budget when incomes are combined or shared amongst loved ones? We’ll take a personal look at my transition from managing my own money to budgeting for two using a budgeting tool. » Read more
If you have an irregular income (due to owning your own business, being on commission, working a job with varied hours, etc.) it can be hard to know how to set up a budget.
You never know what you’ll bring home each month, so the typical budgeting advice may not seem like it applies to you. After all, how can you budget when you don’t know what you’re going to make?
Turns out, it is possible. » Read more
Having trouble sticking to your budget? Try making your bed everyday. Why? Well, according to Charles Duhigg in The Power of Habit, making your bed is correlated with better productivity and sticking with a budget. While I couldn’t find the study where that correlation is shown, I can believe it.
That’s because changing one thing can change how you think — in addition to creating a sort of domino effect that impacts other areas of your life.
» Read more