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...]

How to Use Sink Funds to Save Money

How to Use Sink Funds to Save Money

I've talked before about what a sink fund is - and how it helps to stretch our budget. Today I want to explain specifically how, where and why we keep our sink funds for maximum money-saving. When I started to investigate where to "keep" our sink … [Read more...]

Budgeting Basics | PerkStreet Cash-Back Debit Card {Virtual Cash Envelopes + $25 Bonus}

Perk Street Financial

Last week I told you how we use our Capital One 360 Checking Account for a virtual grocery budget cash envelope. Well, here's one more option I came across: PerkStreet Financial. I actually learned about PerkStreet from Dave Ramsey, who is a … [Read more...]

Budgeting Basics | When Cash Envelopes Don’t Work ~ Open a Checking Account (& Get $50 Bonus)

cash-envelope-system

When my husband and I got serious about saving money, one of the most important things we had to do was figure out how exactly much money we were spending in the first place. You can't spend less, unless you know how much you're … [Read more...]

Time to Update Your Price Books!

When I teach my Kosher on a Budget couponing class, I always stress the importance of keeping a price book. The more you know, the more you save. My favorite example is Newman's Own pasta sauce. At Walmart - where I'd assume the price would … [Read more...]

How to Get Organized and Meet Your Financial Goals (Mint.com)

trends

It's (almost) a new year. Time to turn over a new leaf. For me, and I'd imagine many of us, that means time to get organized! Over the past several weeks, I've been focusing on financial organization. As we have moved more and more of our … [Read more...]

The Psychology of Budgeting, Part 3: The Importance of Having (Short Term) Goals

One of the things I learned about myself during our get out of debt journey is that sticking to a budget just because is really, really difficult for me. I need something else. Eventually, I figured out that for me, that something else is … [Read more...]

The Psychology of Budgeting, Part 2: There are no sacred cows.

When my husband and I decided to get out of debt in January of 2008 (yes, it's an anniversary for me!), we knew we were going to need to make some drastic changes in our spending habits. While we hadn't been doing anything "extravagant", we had … [Read more...]