For most people, car ownership is an essential way of life — there is simply no other way to get from one place to another. If you find yourself dealing with extremely tough budgetary constraints, however, you may begin to wonder if you can truly afford a car or should even buy one in the first place. The good news is that there are ways of cutting budgetary expenses, lowering the monthly amount of car payments, and getting great deals on financing and car ownership.… Read the rest
One of the basic rules in managing finances is the use of a budget. This is true for our government, schools, hospitals and any other entity with income and expenses. Yet surprisingly, approximately half of the households in the US do not have a budget in place for managing personal finances. Those with a budget in place often find it difficult to make the numbers work each month. To create a budget that will work for your family, you must first understand the purpose of budgeting finances. … Read the rest
My wife and I have been transitioning to a primarily cash based budget. It’s been easy in some respects and harder in others. That’s why this resonated with me.
If you are getting a little frugal fatigue, you might consider treating yourself with a little spending splurge, just to take the edge off.
Problem is, I probably splurge too much! Keeping it small is the way to go.
… Read the rest
Taking the time to provide yourself with a small treat, something out of the ordinary, can have an amazing effect on your mood. Think about what you enjoy, and what might provide a pick-me-up.
Found this nice set of budget, net worth, and investment calculators for Excel.
Like most things worthy of our time, getting our finances in shape doesn’t happen by accident. It happens by making deliberate, good choices every day. Each choice might not seem like much but, on a cumulative basis, will have a lasting impact over the course of our lifetimes.… Read the rest