budgeting

The Envelope Budgeting System Can Be Great...Until It Gets Shredded

Many may be familiar with the envelope budgeting system, where you figure out your discretionary income, decide on your budget categories, and then put actual cash into each envelope for those categories.  Then, once the cash is gone, that’s it for that category, unless you move it to another envelope.  It’s a great way to stay accountable.  However, you may wish to make sure your envelopes are in a safe place, out of the reach of little ones.  One couple found this out the hard way.

When It Comes to Budgeting, Keep It Simple...Saver

When It Comes to Budgeting, Keep It Simple...Saver

Shannon Marie, writing for the YNAB Blog:

This is a huge perk when you consider that, in a given day, we only have so much cognitive energy. And when you think of all the things we fill our lives with—jobs, friends, kids, neighbors, hobbies, and so on—it’s easy to see how precious that energy is.

30 Things To Budget For When You Turn 30

Ah, your “roaring 20’s”.  What a care free time that was, right?  Finishing up college, entering the working world, perhaps even just starting to (hopefully) dabble in investing in your 401(k).  Once you hit 30 though, it can become a whole new ballgame.  You may already be budgeting for a lot of these, but even if you are, it can still be a solid reminder to keep these as part of your financial plan.

Motivation Monday: Knocking Out Debt in 2 Years

Not many look forward to Mondays, so usually we can always take whatever sense of positive news and stories we can get.  With so much negative in the world anymore, I’m hoping to start sort of a little Motivation Monday series around here.  Today’s is a great story about someone who was able to knock out $35,000 worth of debt in two years.  Hopefully it can equally inspire you.