Budget Snob

How to Create a Workable Budget – Part 2

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Welcome back for Part 2.  We have a lot of ground to cover so let’s get right to it!

In Part 1 we talked about setting up your categories and then figuring out your budget amounts.  Now we’re going to talk about recording all of your expenses, setting your spending goals and how to make adjustments to your budget when necessary.

Step 3) Recording all of your expenses. This is the relatively easy part.  Over the next month you need to make a note of every single expense that you have, especially the cash expenses.  The best thing to do is either have an App that can record them for you or go old-school and use a small notebook to jot them down.… Read the rest

Create Your Simple Budget

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Many people have heard about budgets but don’t really know what to do to set one up, let alone use it.  With that in mind we’ve put together a simple plan that will enable the layperson to do just that and have a budget that they can use to track their monthly income and expenses, lower the expenses where needed (or possible), and save more money.  It’s relatively easy to do and should only take about 30 to 60 minutes.  Enjoy!

  1. Gather up all of your bills and receipts for the month and add them up.  (It’s easy but may take a little time.)
… Read the rest

How to Raise Kids on a Budget

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Let’s face it, raising children is expensive, there’s no 2 ways about it. If there’s one thing that you need to do when you have children is to maintain a budget or else those little brats will eat you out of house and home.

I’m joking of course but maintaining a budget when you have children is important, and that’s no joke.  If you do it right however you will have the money that you need to buy them everything they need without going broke at the same time.  Read along below and I’ll explain how and give you some Tips on raising kids on a budget.… Read the rest

Travel Tips on a Budget

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Even with the price of gas skyrocketing there are still plenty of bargains to be found when travelling in 2012.  During the last few years many people have learned that using the internet is a great way to find great deals, especially at the last minute.  Here are a bunch of excellent tips you can use to save money on your next trip, whether it’s across town or around the globe.

 

Book a Hotel at the last minute.  Sounds crazy, right?  It isn’t so much anymore however as younger travelers have started treating going on a quick vaca like going to the movies. … Read the rest

Create a Household Budget that Works

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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