personal budget

The final tip on budgeting this week is this: don’t get caught up in perfection.
Yes, it’s important to keep track of every penny, but if you are setting up a budget for you and your family, leave a little “wiggle room”. I suggest that each spouse be given some amount of money that they can [...]

When budgeting, involve the entire family. There is no point in recording every penny you spend and keeping a detailed budget if the rest of your family never keeps track of anything, and spends money foolishly. Everyone must be involved.
The most important person, of course, is your spouse. It’s very common in a marriage for [...]

The key to a successful budget is simple: write down everything!
I remember meeting a man who was having trouble paying his bills each month. He was always short of cash. I asked him to list where he spent his money each month. Off the top of his head he was able to tell me about [...]

A budget is like a road map: it shows you where you are, and it helps you figure out where you are going. But how do you make one? You have three choices.
The easiest method is to simply get a blank piece of paper, and a pencil, and make a list of everything you spend [...]