Category Archives: Budget
I Spend One Day Managing Finances And Then Enjoy The Month
My current system for managing our household finances is super-simple. Here’s the entire process: Monthly Review On the last day of each month, I review that month’s budget, income, and expenses. I make a note of any budget overages or shortfalls I also balance our checkbook. Budget Creation After reviewing our budget, I use the [...]
Creating A Financial Timeline
The goal of the financial timeline is to plan for future major purchases. I define a major purchase as any item costing more than $1000. My financial timeline focuses on purchases to be made in the next 5 years. I create a list of items that I plan to purchase. I am careful to consider [...]
Living Debt Free – Part 2
I have decided to do a series of posts, ten in all, exploring the concept of living debt free. This is the second post in that series. Click here to read Living Debt Free – Part 1. Planning For Future Major Purchases If we are going to live debt free, we have to have a [...]
The Revelatory Nature Of The Common Sense Budget
Several years ago, long before No Credit Needed, I actually gave budgeting a shot. I can’t, for the life of me, remember the name of the budgeting tool that I tried to use, but I do remember that it was very, very complicated. After a couple of months trying to make the system work – [...]
