Budgeting Basics | The Importance of Checking Your Credit Report Regularly

I'm fond of saying that personal finance is PERSONAL. Which, to me, means there really is no objective right or wrong way to save money, make a budget or allocate your resources. If it works for you - it works. But there are a few things that I … [Read more...]

FREE 10-Day E-Course on Personal Finance

The personal finance website LearnVest has a great offer right now: Sign up for a FREE 10-day ecourse to learn how to better manage your money. They're calling it a Boot Camp, so you know it's serious! The 10-day email program gives you daily … [Read more...]

Budgeting Basics | Sink Funds vs. Cash Flow vs. Delayed Gratification

By now, you know that I love sink funds to help us pay for our expected annual expenses - like our insurance premiums. And that sink funds have also been great for us for the expenses we can anticipate having, but don't know when or how they'll … [Read more...]

When Your Budget Is In Crisis, What Do You Do?

In Wednesday's Budgeting Basics post, guest poster Rifka talked about the "Kulam b'Minus" mentality. In response, a reader named Tzipi asked: Everything you said makes perfect sense, but the question is, how do you get out of the minus? We have all … [Read more...]

Budgeting Basics | Kulam b’Minus – But Is it Really Beseder? {Guest Post}

Today's guest post comes from one of KOAB's Israeli readers, Rifka Lebowitz. Whether you live in Israel or North America, I think Rifka's post gives all us food for thought. It’s no secret that reckless attitudes can have tragic consequences. … [Read more...]

Open a Checking Account – Get $50 Bonus

Last month, I mentioned my love for Capital One 360. We keep all our sink funds in Capital One savings, and our virtual grocery cash envelope is in a Capital One 360 checking account. If you have been thinking about opening an account at Capital … [Read more...]

Budgeting Basics | Our Budget Categories

You asked. I'm answering. In the interest of maintaining a modicum of privacy, I am not disclosing the actual dollar amount we spend, rather the percentage that each category represents of our overall spending. Please do not deem this post as … [Read more...]

Budgeting Basics | Our 2012 Budget – What Changes We’re Making & Why

This morning, I sat down to fine tune our January budget in Excel. (Even though I love Mint, I plan out our budgets in Excel every  month, and then transfer those totals over to Mint as necessary. I use Mint primarily for tracking, and Excel for … [Read more...]

Budgeting Basics | Face Your Debt Demons

Earlier this week, I talked about the "budget leaks" we have been experiencing in our budget this year. And I encouraged you to take a look at your budgets and find your own leaks. "That's all well and good," a reader named Rachel (not her real … [Read more...]

Budgeting Basics | Confession Time: I’ve got leaks in my budget.

If you're anything like me, the end of the year means a rather frantic rush to get organized. I'm decluttering, selling stuff like a madwoman on Craigslist, giving mountains of stuff away (tax deduction!), clearing off my desk, and making lists. I … [Read more...]