Comments on: Living On A Budget: Don’t Knock It Until You Try It

By: Ken

Ken — Fri, 08 Feb 2008 19:28:55 +0000

I agree, don’t knock it until you try it. In the book “Millionaire Next Door”, the authors state that millionaires became millionaires by budgeting and living below their means. And after becoming millionaires they continued to budget. That is the way they know how much they spend. It doesn’t matter how much you make, what matters is how much you spend. And you control your spending with a budget.

By: Outlook

Outlook — Fri, 08 Feb 2008 09:20:01 +0000

Monthly budget is necessary otherwise your spending can go out control. But it is not a easy task to maintain your budget.

By: Married Girl

Married Girl — Fri, 08 Feb 2008 00:51:36 +0000

If you ever want to tape that budget meeting with your wife, I’d love to hear it. We’ve tried it, and honestly, my husband and I communicate so differently, it’s difficult. I’m an accountant, he’s an artist. Neither of us is ‘wrong’ in our money perspectives, just think about it differently. It makes it difficult and usually ends with me taking charge of it and him not being invovled, which is frustrating because he never knows when we run out of money and I feel responsible when we’re short.

By: SavingDiva

SavingDiva — Thu, 07 Feb 2008 19:50:25 +0000

I require a budget too….otherwise, my spending would get out of control! In February, I’ve been writing down everything that I spend money on…it’s really helped me keep things in perspective. I don’t know if I can constantly write everything down…usually I just collect receipts and look at credit card charges to piece together my spending at the end of the month.