From the category archives:

Budget

Spending Less Than You Earn. Sound Advice At Any Income

June 29, 2009

The past week was a sad one as we saw the passing of several well known celebrities. The week started off with the passing of affable Johnny Carson sidekick and veteran of two wars, Ed McMahon. He was always able to light up the stage with his easy going demeanor, and he seemed [...]

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False Starts And Budget Malaise: Getting Back Your Budgeting Momentum

June 9, 2009

If there’s one thing I’m good at, it’s starting a budget. I have no problem tracking our spending for a month or two or setting up income and expense categories. I’m even able to setup a working zero based budget where we allocate every dollar to a category, leaving no money left over [...]

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In The Event Of An Emergency Series: Planning Ahead For Life’s Emergencies

April 27, 2009

The “In The Event Of An Emergency” series is devoted to the topic of planning ahead for life’s little (and big) emergencies that we all know will come our way. The series covered topics ranging from making sure you have insurance coverage and an emergency fund, to making sure your family is provided for in case the worst case scenario happens.

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Setting Up A Good Financial Plan Can Help You To Weather Any Storm

April 24, 2009

The last few days we’ve been talking about how you can prepare yourself for emergencies, both big and small. We looked at what you should put in a safe deposit box. We discussed making “What If I Die” spreadsheet, putting all of your important information in one place in case you pass on, or become [...]

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An Emergency Fund Will Help Reduce Your Risk Of Financial Catastrophe

April 23, 2009

A couple of years ago if you had asked me what I would do if an emergency presented itself and I needed some money quickly, I would probably have told you, “That’s what credit cards are for!”. Just put it on the card and pay it off when you can! Emergencies aren’t really something you [...]

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Dave Ramsey’s 7 Baby Steps: Step 4 - Invest 15% Of Household Income

February 17, 2009

Last time we looked at Baby Step 3, saving up 3-6 months of expenses to prepare for when you have a rainy day. Everyone will have unplanned for expenses, so it’s best to plan for it, and be ready!
Dave Ramsey’s 7 Baby Steps, and our progress.
Dave Ramsey’s 7 Baby Steps

Step 1 - $1,000 to start [...]

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Dave Ramsey’s 7 Baby Steps: Step 3 - 3 To 6 Months Of Expenses In Savings

February 16, 2009

Last time we looked at Baby Step 2, paying off all your debt using the debt snowball. You take your bills, rank them in order from smallest to largest, and proceed to pay them off with intensity!
To review, here are the 7 Baby Steps.
Dave Ramsey’s 7 Baby Steps

Step 1 - $1,000 to start an Emergency [...]

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Dave Ramsey’s 7 Baby Steps: Step 2 - Pay Off All Debt Using The Debt Snowball

February 13, 2009

Last time we looked at Baby Step 1, saving up an emergency fund of $1000. You’re saving up that money for a variety of reasons, but mainly because you know you’re going to have little “emergencies” popping up all the time, and the baby emergency fund will help keep you from going further into the [...]

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Jumpstart Your Economy: Doing Your First Budget

January 26, 2009

What Is A Budget?
First things first. What is a budget? A budget is basically a written plan where you decide where each and every dollar will go in the coming month. You figure out how much income you’ll have, and how much you’ll need to spend for necessities. The difference [...]

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