We’re making some changes to how we manage our finances this year. Our destination isn’t changing, but the trip is.
All of the cards are going away. Not necessarily destroyed, but certainly inconvenient. There’s a $7000 overdraft protection account attached to our debit cards. There’s no need for an “emergency” card. If it’s truly an emergency, we [...]
Over the next few weeks, I will be going over my budget in detail.
The first section is income, but that’s straightforward. A line for each income source, bi-weekly, monthly and annual totals. Simple.
Before we start, a word on the organization. There are five columns:
Category - This is the description of the line item.
Cost - How much [...]
I have recently reworked our budget, including a new spreadsheet, sorted by categories. It’s a Google Doc template available here. I will dive into each section in detail in coming weeks.
My wife and I had a long conversation about what has worked and what has failed miserably regarding our debt and repayment plan. [...]
In April, my wife and I decided that debt was done. We have hopefully closed that chapter in our lives. I borrowed, then purchased, The Total Money Makeover by Dave Ramsey. We are almost following his baby steps. Our credit has always been spectacular, but we used it a lot. Our [...]
Most Commented