Debt Story, Money Management

Financial Stress Level

I recently went to the doctor with back pain.  While I was there, I was asked to describe the pain and assign it a number on the pain scale, with 1 being no pain and 10 being excruciating pain.  (For those interested, I gave my pain a 6, for distressing.  The doc gave me some medication.  I took it for…

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Budget, Money Management

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 create a zero-based budget for the upcoming…

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