Envelope budgets are the best thing since sliced bread--if you've read this blog for any period of time, you know that I honestly believe that. An envelope budget can fix a big spender, heal money fights, and point you in the path of earlier and bigger financial success than you even dreamed. I knew that … Continue reading 8 Critical Mistakes in Envelope Budgeting
An updated review of Mvelopes, I take an in-depth look at some of the features the program offers and my overall take.
A few weeks ago, Heath, a frequent comment and social media contributor to the site, mentioned that he was tracking his money week-to-week. I was curious so I decided to try it myself.
One area of personal finance that rightfully gets a lot of attention is budgeting, the art of directing how your money should be used. I used to think that there were only a few ways to budget, but I can now name at least seven! Here are the various types of budgets you might use: … Continue reading What Type of Budget Do You Use?
It used to be that a mortgage accounted for 70, 80, maybe 90% of what you were paying out every month. No longer the case, it seems.
I haven’t been able to find it, but I’m almost certain that someone out there has invented a scientific theory for why we use more of something when it’s abundant, and less of it when it’s scarce. Here are two suggestions for dealing with it when it comes to your money.
Some of us can experience crazy swings in our power bills from month to month due to weather or other factors. Here are three strategies that will help you cope with a power bill that looks more like the stock market chart.