Category: Budget

Focus On A Holistic Financial Path (See The Big Picture To Reach Your Goals)

Posted on by Meredith Rines, MBA, CFP®

Focus On A Holistic Financial Path (See The Big Picture To Reach Your Goals)

You have probably heard the term holistic regarding lots of different aspects of your life – holistic medicine, holistic care, holistic financial planning, and so on.  But what exactly does holistic mean?

Holistic: a means characterized by comprehension of the parts of something as intimately interconnected and explicable only by reference to the whole. source

That’s a mouthful.  Simply put, holistic means looking at every moving piece to create a plan that fits you best. That’s why holistic applies so well to the medical world and also the financial planning world.  You would hope your doctor looks at your entire medical history, your desires, and your symptoms to create a plan to help you get better, reach your nutrition goals, etc.

The same idea can be applied to financial planning.  You want a planner that will look at the big picture and all the small pieces that it makes up.  Your retirement planning, your budget, your insurance policies, your goals, your debt, and so on.  However, not everyone works with a financial planner so you need to learn how to create a holistic financial plan on your own or how to really understand what your financial planner is doing for you.

holistic financial plan

Let’s Get Holistic

It’s time to look at all aspects of your financial situation to make sure they are working in sync with one another.  It’s important to make sure all aspects are working together and not against one another.  You don’t want to work for years to build and build just to have it all disappear with one incident, right?  So let’s roll up our sleeves and get to work.

Your Budget – Do you have a budget in place?  If so, when was the last time you analyzed your expenses to make sure they were still accurate and needed?  If it’s been longer than 3 months then pull your budget back out and review it again.  You can easily create a budget in less than 15 minutes with this simple guide, but you need to review it often.  Without discipline it’s easy to find yourself slipping away from your spending goals and not saving as much as you had hoped.

Your Insurance – You really should be completing an insurance audit on a regular basis.  Make sure the amount of insurance really fits your needs and your budget.  This includes auto, home owners, disability, life, and health.  Sit down with your insurance agent or financial planner to make sure you have enough coverage.  One of the biggest issues I see is when a client has an umbrella policy for extra protection, but has a gap in coverage between the base policy and their umbrella policy.  That gap means the client will be on the hook, personally for that difference.  That’s not good.  Just make sure you’re reviewing all your insurance policies to make sure you’re meeting the state minimum requirements and filling any insurance gaps.

Your Retirement Plan – everyone has a retirement plan whether you know it or not.  Even if you feel as if you haven’t started it yet, you still have a plan.  Because one day (the hope) is to retire, right?  So make sure you’re working with a financial planner to get your plan in sync with your goal.  Are you getting the free match from your employer’s 401(k)?  Do you even know what I’m talking about?  If not, then meet with a financial planner.

College Funding – Do you have hopes of sending your children to college without going into debt?  Then a college funding plan is a must.  John Hancock has a great college calculator that is free to use and I highly recommend getting an idea of how much you should be saving to reach your goal of providing college.

Debt Management – You should have a plan to help you get out of debt.  Having a debt management plan can give you clear steps to take to reach your goal.  Do you know which bill are you working on paying off first?  Which debt has the lowest annual interest rate?  Out of your bills, which one has the highest annual interest rate?  If you can’t answer these questions, then it’s time to create a debt management plan.

Goal Setting – I’ve talked a lot about working together with your spouse on goal setting.  Working together is really key to start making progress on your goals.  When you’re not working on the same goal as a team then you’re really doing yourself a disservice.  You also need to make sure your goals fit into your sinking funds, your budget and your debt management plan.

Tax Planning – Are you taking advantage of having a tax expert help you each year?  Not just with preparing your annual tax return, but review your situation before the end of the year.  That way you can take any necessary steps before the tax year ends to create a better situation for yourself.

Estate Planning – Most states have their own version of an estate plan for their residents.  But that plan may not be what you want.  You may want to make sure your family uses your life insurance benefits to provide for your kids’ college costs.  Maybe you want to make sure that your 18 year old son doesn’t inherit a lot of money if something should happen to you and your spouse.  Having a plan in place that tells the court, your family and your beneficiaries how you want your assets handled is the best course of action.  Creating an estate plan means meeting with an attorney to write a Will, Powers of Attorney and maybe a Trust.

When Should You Revise Your Plan?

You should be reviewing your entire financial plan on at least an annual basis, but you may want to do it whenever you have a major life change too.  For instance, having a baby is a good reason to review your budget, insurance, estate planning and other areas.  If you get divorced or married, you may want to review your estate plan, beneficiaries of accounts, and tax situation.

If you don’t have a financial planner, I recommend finding one in your area.  As a CERTIFIED FINANCIAL PLANNER™, I am partial to finding someone who has passed a rigorous exam and met requirements to be called a  CERTIFIED FINANCIAL PLANNER™.  If you need help finding someone, check out this website.

Need More Help Getting Your Budget Set?

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Grab our Budget Success Checklist to help you get your perfect budget.  This guide will walk you through the 9-steps to get your dream budget setup and ready to roll.

 

How To Get On The Same Page About Money + Stop Fighting With Your Spouse

Posted on by Meredith Rines, MBA, CFP®

How To Get On The Same Page About Money + Stop Fighting With Your Spouse

One of the hardest parts of my job (budget strategist for families) is listening to couples fight about how the other one saves too much and never has any fun OR spends too much and doesn’t plan ahead.

It’s really tough to hear – especially the private conversations I have with a lot of wives who are seemingly afraid of making their husband mad (not because he’s abusive, but because they don’t want to have the same conversation AGAIN when it comes to their budget or lack there of).

Most marriages that end in divorce can trace their strain back to finances.

Let’s face it – no two people are alike, so why are we assuming that a husband and wife will look at finances the exact same way?

We need to stop. Right now. We need to face reality. We need to work together.

In today’s video I’m sharing some great tips on how to talk to your spouse about money so you can FINALLY get on the same page. You can watch the video online or down below:

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Are you ready to get your budget in shape?

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Grab out Budget Success Checklist to help you create a workable budget the fits YOU.

Make Progress Towards Your Financial Goals With One Easy Step

Posted on by Meredith Rines, MBA, CFP®

Are you ready to make some real progress towards your financial goals?

If you’re hand is in the air and your quietly shaking your head, “YES!” Then this post is for you!

I get it, friend. Life doesn’t always go to plan. You make goals, you set budgets and then something happens. Things break. Kids get sick. You overspend. It happens. The real key to your financial stress is how you bounce back after overspending.

Once you’ve bounced back. You’ve figured out where you went wrong, now it’s time to hit the ground running. In today’s video I’m sharing the one step you need to start making the progress you’ve been wanting.

You can’t watch today’s video online or down below:

Click to tweet this video.

As you can tell from the video, starting is all about declaring.

You need to declare what your goals are. You need to shout it from the rooftops. You need everyone to know. Because when those around you get it (and some won’t) then you can start making the progress you crave.

You need to have those tough money talks with your spouse to make sure you’re on the same page. Sit down on a monthly basis (heck! weekly basis if you can!) to make sure you both understand where your money is going.

Tell your family and closest friends. More than likely your family and friends want what is best for you. I mean, they sure were honest when you went through the black hair phase (that made you look way too pale, no… just me?) and they sure told you when you were dating what’s-his-name, right? So they get it. They want you to be happy and successful.

The more people you get involved in your financial goals the more people are willing to understand why you can’t go out to eat today or why you just can’t go on that last minute girls’ trip.

My biggest secret to reaching financial goals – put it everywhere. Don’t just tell others, tell yourself – daily. Write it on a post-it and stick it to your mirror. Create a background image for your laptop, your work computer and your cell phone to remind you every single day what you’re striving towards.

Heck! Make it your password to login to your bank so that you CANNOT FORGET.

Need More Help?

sinking funds guide

If you’re ready to create a life you love then grab our Sinking Funds Checklist. This go-to guide will walk you through how to create a system to fit your goals and your budget. No matter what you’re trying to save for – becoming debt free, buying a forever home, saving for your next vacation – a sinking fund can help you reach it.

How To Teach Kids About Money – While Making Them Respect It

Posted on by Meredith Rines, MBA, CFP®
How To Teach Kids About Money - While Making Them Respect It

Curious how to raise money savvy little ones in today’s world? Well, in today’s post I’m going to share with you some great tips that you can incorporate to help you teach money skills to your kids. Because if you really think about it – who are they going to learn this stuff from? If it’s not you – then who?

Most schools are no longer teaching basic money management to children, which means if the parent isn’t teaching money skills at home then our kids are having to figure it out for themselves. Just imagine your child never learning the value of a dollar, how to balance their bank account and why in the world a credit card could be so dangerous if they don’t know how to use it. If we don’t take the time to teach our kids simple money management then we’re doing them a disservice.

None of these concepts are going to be new, but if you take a combination of these approaches and apply it to your kids then that’s where the magic happens. The goal is to teach our kids how to control their money so they don’t end up being controlled by it someday. I was raised by an accountant and financial planner, so I learned very early on the value of saving, giving, and spending. I hope that we are able to pass those same money skills on to our son and I know the earlier we start, the better chances he will have to have a strong relationship with money.

SAVE, SPEND, GIVE

Kids should understand the value of saving, spending and giving their hard earned money. By use separate jars or piggy banks for each category children can start to learn what portion of their money goes into each.

The idea behind this concept is so much more than what it seems. By teaching our little ones to save a portion of their allowance each and every week, we have a hope they will continue this skill forward through every job they have. By saving 10% of your income you can easily have a fully funded emergency fund or be further along in your journey to retirement.

Another benefit of this skill is teaching math to your little ones. Almost any young age can easily learn the math needed to figure 10% to savings and 10% to giving with each allowance. Even younger than 5 can learn this skill – you may have to use round numbers or quarters or dollar bills to keep it simple, but it is possible. As your child gets older then they should be able to calculate 10% without the use of a calculator.

So each week your child should be dividing their allowance between three jars – 10% for savings, 10% for giving and 80% for spending.

MAKE THEM USE THEIR OWN MONEY

When you go to the store with any child, you probably hear over and over how badly they want or need some new toy.

“Mommy, I just have to have Spider-Man!”

Instead of saying no and starting a war inside of Walmart. You can simply ask, “Did you bring your money with you? If so, let’s take a minute to see if you have enough.” If they don’t have their money then say, “Let’s take a picture of it so we can remember to look at home to see if you have enough money and if so, we’ll come back.”

By making them use their money then they will gauge whether or not they really need it. Plus, if they don’t have enough then you’ll teaching them an even more valuable lesson – save for what they want.

SAVE FOR WHAT’S IMPORTANT

As an adult you probably learned that money doesn’t grow on trees and just because you want something doesn’t mean it’s going to magically appear. You have to work. You have to save. You have to sacrifice.

By having separate categories – save, spend, give you can also teach your kids the importance of saving for something they want. When they see something they just have to have then you can sit down with them to create a savings goal.

You can use sticker charts to represent how much money they have saved to show their progress. That way when they finally reach their target they will be beaming with pride because they did it on their own. That toy, game, stuffed animal will be so much more valuable because they know that they paid for it.

BE THE BEST EXAMPLE

Let’s be honest, we probably learned most of our money management skills from our parents – either by following their example or by choosing to be in better control of your finances. The best way to teach your kids financial responsibility is by setting a good example.

Don’t be afraid to have tough money talks with them. My parents were never afraid to share bill information with my sister and I. They didn’t do it to scare us or worry us, but they wanted us to understand how we kept our lights on and food in the fridge. It was important for them to be transparent with us and I think that has served us well.

READY FOR MORE?

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Do you need a bit more guidance when it comes to your own budget? Grab our Budget Success Checklist to help you. This nine-step guide is the perfect tool to help you learn how better your money management skills.

What Is The 80/20 Budgeting Rule (How You Can Stop Tracking Your Spending and Still Save)

Posted on by Meredith Rines, MBA, CFP®

What Is The 80/20 Budgeting Rule (How Much To Spend and Save Each Month)

Have you heard of the 80/20 rule before when it comes to budgeting?

It’s a budgeting technique that’s thrown around from time to time and it can be pretty useful to those that really hate the idea of tracking expenses.

In today’s video, I’m diving into the 80/20 rule and how it can help you family finally conquer your money woes.  The 80/20 rule is a simple budget system that allows you to pull 20% of your take home pay right off the top for savings and then the rest is fair game to pay bills, buy groceries, and do everything else you want.

Be sure to watch the video to see more about this budget and how it could work for your family.  You can watch online or down below: 

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In the video, I talked a lot about your take home pay.  It’s important you understand how much money you actually get to bring home each month so that you can more accurately plan.  Here’s a breakdown of the 80/20 rule:

Take 20% off the top

The first step in implementing your new 80/20 budget is to immediately take 20% of your take home pay and put it into a savings account.  This 20% is for your emergency fund and your future sinking funds, i.e. property taxes, vacations, and annual bills.

Spend the 80% wisely

The remaining 80% is for the rest of your monthly expenses.  It includes your monthly living expenses – rent/mortgage, utilities, cell phone, insurance and so on.  It also includes your discretionary spending – groceries, eating out, miscellaneous.  Finally, the 80% should also cover your minimum debt payments for loans, credit card bills and so on.

If you have any money remaining out of the 80% at the end of each month then that money should be applied to debt or put towards  your sinking funds.

Grab The Checklist

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Ready for more help in creating your dream budget? Grab the Budget Success Checklist to help.  We’ll walk you through each step in creating a budget – from understanding your expenses to estimating your income with accuracy.

What To Do When You Overspend Your Budget

Posted on by Meredith Rines, MBA, CFP®

What To Do When You Overspend Your Budget

Most of us have overspent a time or two when it comes to our monthly budget.  It happens.  That’s life.  Even those of us that have the best of intentions – going to save more money this month, only going to buy what I need, no shopping for new clothes, eating at home all week long, and so on.  Despite our best efforts, it happens.  There are so many reasons we overspend:

  1. Forget to track some bills or spending
  2. Don’t calculate our expenses correctly
  3. Get our due dates mixed up
  4. Don’t realize just how much we are spending

Overspending happens to everyone, but not everyone really understands how to recover when it happens.  Recovery is really the essential part to get back in the black and out of the red.

ASSESS YOUR DAMAGE

Take a minute (or two) to figure out the damage done.  Ask yourself these questions:

  1. Did you overspend on your credit card, write a check that you didn’t track, or swipe your debit card without knowing how much you had in the bank?
  2. Did you overspend for a day, a few days, a week?
  3. How much did you overspend by? Less than $100, less than $1,000?  How much overall did you go over?

The easiest way to determine the correct answers is by reviewing your credit card statements and bank statements.  I love using a check register (like this one over in the shop) to help us keep up with where our money is going.  I can easily reconcile our spending to our bank statements and credit card transactions.  It’s important to honest with yourself because the last thing you need is to be short money when a bill comes due.

GET BACK ON TRACK

Alright, now you have an understanding of where you went wrong and how much damage you may have done.  Now it’s time to get back on track.  Make sure you’re tracking your spending on a regular basis, checking your online banking and recent credit card transactions.  Make sure you’re using a budget that works for you.  We love our Chief Financial Officer Bundle at our house.  This budget has helped us pay off over $40,000 worth of debt in under three years.  We can easily track our expenses directly inside the template and have it automatically calculate how we’re doing.

If you’re not using a budget, now would be the good time to get started.  You can learn more about how to create a budget in an earlier blog post.

PAY YOURSELF BACK

Sometimes you get cheated the most when you overspend.  You aren’t able to save as much as you had planned or maybe you aren’t able to make the kind of progress you wanted on your debt.  On the other hand, maybe you spent money that you didn’t have and now your credit card balance has increased.  You need to create a plan to help you pay down the amounts you overspent.  If you’re using a budget you can easily create a sinking funds category to add to it.  Simply add up the total amount you overspent during that time and make that your new savings goal.  Divide by how many months (or weeks) you would like to take to get back to ground zero.

FIGURE OUT YOUR TRIGGER

What’s one of the most important steps that most people forget about?  It’s figuring out what went wrong.  A lot of us have a trigger that sets us off when it comes to spending.  Can you trace your spending back to a specific mood, day of the week, or event that happened.  Were you in a good mood and feeling good about yourself so you decided to splurge on new clothes?  Were you feeling overwhelmed by everything around you and decided to go crazy at The Container Store? Did you get some bad news and that’s what set you off to not feeling like cooking for an entire month?

Determine what set you off so that you can take necessary steps next time it happens.  Being able to recognize the behavior is key.

GO BACK TO CASH

If it helps you to control your spending while you get back on track, switch to cash.  Using cash is a great way to stop overspending.  Once your cash is gone, that’s it.  We have used cash for our eating out and groceries when we find ourselves overspending from time-to-time.  The easiest way to make cash budgeting work for you is to find the categories you tend to overspend in.  That way you can keep it simple and not feel too overwhelmed with having to figure out cash budgets for everything.

Ready for more?

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Grab our Budget Success Checklist to help you create a workable budget to help prevent overspending.  This guide is a must for anyone wanting to take better control of their money.

 

Save Over $1,000 for Christmas With A Weekly Plan

Posted on by Meredith Rines, MBA, CFP®

Save Over $1,000 for Christmas With A Weekly Plan

Hey there! I have a question for you… and I want you to really think about it before answering.  Ready?

Are you still trying to recover from the holidays?

And be honest… did you dip a little into your savings?  maybe put a few gifts on a credit card?  or what about just feeling like you’re still running in circles?

Most of us would say yes to one of those questions or maybe you just feel that your progress has stalled since the start of the holiday season.  Maybe you were saving more money each month and somehow the funds just aren’t there anymore.  It happens.

When we get out of habits or when life happens, we tend to revert back to our old ways.  That’s why I created a new challenge to help you get your finances back on track.  Plus, this challenge is geared towards the 2019 holiday season, which means you will hopefully be better prepared and quicker to recover.

A few weeks ago I talked about how, on average, a family takes FOUR MONTHS to recover from the holidays.  But here we are in February and most of us (me included) are still trying to make back ground in what we lost through November and December.  We were fortunate enough to have enough money saved to pay for all of our Christmas gifts and even travel, BUT somehow the amount we put back into savings each month has slowly decreased month-by-month.

And I’m not happy with it.

You see, like you, we have big dreams and goals.  I know that without saving the right amount each month that we have our sinking funds set for is a big no-no.  It may not hurt us immediately with our finances, but it’s frustrating when you realize you won’t be able to reach your goals in the time frame you want.

That’s why this new challenge is perfect.  

In today’s video I’m sharing with you how you can save over $1,000 between now and the week before Christmas.  This money could be used for Christmas shopping or holiday travel …. or it could be used to help you get the new year off on the right foot.

Watch how to save $1,000 for Christmas online or down below:

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As you saw in the video, the goal is clear.  Have $1,000 the week before Christmas.  I try to keep things simple by having one amount that you need to save each week – $22.  Most of us can easily squeeze $22 a week out of our current budget.  Maybe we don’t go through the drive-thru on our busy night and instead start a slow cooker meal.  Maybe we pack our lunch for the entire family for the week and save MORE than $22.

Just remember – you got this!  The goal isn’t to stress you out about your money, but to help you create a workable target.  Keep your goal small – $22 a week.  Don’t focus on having to save $1,000 in a few months that can seem overwhelming.  Just focus on $22.

Need More?

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Grab our 6-Month Emergency Fund Savings Plan to help you knock out your emergency fund.

Tips for Building Your Emergency Fund

Posted on by Meredith Rines, MBA, CFP®

tips for building your emergency fund

One of the biggest things I hate seeing with families who are finally ready to tackle their finances is getting side tracked by emergencies.  That’s why I find having an emergency fund so invaluable when it comes to your financial foundation.

How Much Do You Need?

It’s recommended to start with $1,000 as a minimum in your emergency fund.  Having at least $1,000 in a separate account earmarked for those unplanned emergencies is a great way to keep you on track.  Think about it – what would happen right now, today if you walked into your house to find your washing machine had gone out?  How would that mess you up?

Think about it…you would no longer be able to just start a load of clothes before dinner.

Which means you may have to haul everything to the local laundry mat or even to a family member’s house… then wait for your laundry to get done just to haul it back home.

You may have to hire a technician to make a house call to try to fix your washing machine.

If that doesn’t work then you will probably have to spend the money to invest in a new one.

Where would the money come from?  Would you have to put it on a credit card?  What about opening a new store credit card?

That’s a lot of stress, a lot of frustration and a lot of disruption.

Now think about having $1,000 sitting in an account untouched.  Now something happens.  You don’t have to think about the extra money or going into debt.  It’s there ready to be used.  Now instead of putting off getting a new machine, you can easily head to the store, pick one out and schedule delivery.

Should I Have More Than $1,000?

There a couple of different reasons you might want to have more than $1,000 in an emergency fund.  First, you have a large family with a high deductible health insurance plan.  I love having enough money in an account to cover half of our insurance deductible.  So, when you have several children (more than 2) and have a high deductible plan then aim to have at least $1,000 plus your family’s deductible in a savings account.

The second reason is when you have your debt paid off.  Once you have your debt paid in full (except your mortgage) start putting back extra into your emergency fund.  The final goal would be to have 3-6 months of living expenses saved.

For more tips for building your emergency fund be sure to watch today’s video either online or down below:

Tweet this video.

Resources mentioned in this video:

How To Save $1,000 Fast and Easy

The Right Dining Out Budget For Your Family

Money Saving Tips: How We Save Over $14,000 Each Year

 

Want More Help?

chief financial officer, budget template, easy to use budget

Grab the free 6-Month Emergency Fund Savings Plan to help quickly build your emergency fund.  This one-stop guide will cover the basics of why you need an emergency fund and simple, out-of-the-box ideas on finding the funds for your new account.

How To Inventory Your Freezer, Fridge and Pantry

Posted on by Meredith Rines, MBA, CFP®

how to inventory your freezer and pantry

It’s no secret that I am a fan of keeping things simple in order to save money.  Honestly, it’s a lot of the meaning behind this blog.  I have found that when you keep things simple and easy on yourself then you’re more likely to follow through and stay motivated.  I think that’s why I love easy meal planning ideas and ways to keep our grocery costs down.  Because I hate going to the grocery store and I hate wasting my money by throwing away spoiled food.

Did you know that you can save so much money each month just by having a simple solution to tracking what you have in your freezer, fridge and pantry on the daily?  It’s true!  Just think about all the times you dug in your freezer for one thing to find something else you couldn’t locate a few weeks earlier.  It happens.  A lot.  That’s why I want to help you learn how to inventory your freezer and your pantry to help you save more money this year.

In today’s video I’m sharing the steps you need to follow to easily inventory your freezer and pantry (and keep it up).  You can watch online or down below:

Tweet this video.

  1. Take Out What You Have – empty your freezer and cabinets and lay out the contents.  Now you may want to start with your freezer then come back to your cabinets  so you don’t have stuff everywhere.
  2. Clean Your cabinets and freezer
  3. Take inventory – use this free Freezer + Pantry Inventory download to take stock of what you have and how many you have
  4. Put it back in order – put what you don’t use often on the bottom and then go from there
  5. Now do your pantry or kitchen cabinets
  6. Make sure to keep your inventory sheet handy so you will update it regularly

freezer inventory template

Make sure to grab your Freezer + Pantry Inventory.

For more details be sure to watch the video.

Resources mentioned in this video:

How To Set The Right Grocery Budget For Your Family

What To Include In Your Grocery Budget

Tips For Buying In Bulk

Ready for more?

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Grab your Budget Success Checklist to help you conquer your budget.  This nine-step guide will help you create a workable, flexible budget to fit your family.

How To Tackle Your Budget Once and For All

Posted on by Meredith Rines, MBA, CFP®

how to tackle your budget once and for all

New Year. New You.  Right?  Well that seems a bit dramatic for me, so let’s just say, “New Year, Better You.”

This year we set some pretty hefty goals for ourselves and I’m sure you have done the same.  If one of your goals is to finally tackle your money situation then you’ve come to the right place.  Around here I share money management tips, budget advice and more to help you learn how to manage your money so that you can finally stop living paycheck-to-paycheck.

We’ve personally paid off over $40,000 in under three years while switching careers, starting a family and moving across the state.  It all started with a little red clip board and a goal to stop being so frustrated every single month.  Here we are years later and we’re still living proof that anyone can set financial goals for themselves, create a plan and get to work.

I get asked a lot what is one thing that helped us really tackle our budget and stay motivated.  Without hesitation I always reply with something along the lines of “seeing where are money was going.”  So many times we were swiping our cards, pulling cash out of the bank and not even thinking about it.  The money was there and it was burning a hole in our pocket.

When we created our budget and started tracking our spending that’s when things shifted for us.  We were finally able to see where we were wasting our money – it was an eye opener.  That’s why I am so adamant for families to create their own workable budgets.

In today’s video I’m sharing how you can easily create your family’s budget using our Chief Financial Officer template.  Watch the video online or down below:

Tweet this video.

Budgets get a bad rap for being restrictive and overwhelming.  But in reality if you don’t have a budget then you’re allowing your money to control you and you’re not controlling your money.  That’s why I love our Chief Financial Officer template so freaking much.  It truly is a game changer when it comes to understanding your money better.

Need Help With Your Budget?

grab budget success checklist

Grab our Budget Success Checklist.  This nine-step guide will help you break down your income and expenses so that you can create a workable budget for your family.