It's the final week of December, which means it's time to make your January budget! Every month is different and your budget is probably a little different each month, too. Here are some things you may have forgotten to include in your January budget: … [Read more...] about Don’t Forget These 7 Things in Your January Budget
Have you heard about using cash envelopes for budgeting? Have you wondered if it's REALLY necessary? Who uses cash anymore, right? You might want to give it a try, especially if you're new to budgeting. This post tells you why and helps you work out how to use cash envelopes for your budget. … [Read more...] about How To Budget Your Money With Cash Envelopes
Last week, I talked about when you should use your emergency fund. This week, I'd like to talk about how much money should be in that emergency fund. You may have read everything from $1,000 up to 6 months of income (or more). So, how much should you really be putting aside in your emergency fund? … [Read more...] about Quiz: How Much Money Should You Save for an Emergency Fund?
Some of the most common questions I hear from new budgeters are about emergency funds. Let's start with a look at when an emergency fund should be used. What counts as a financial emergency? What is NOT a financial emergency? … [Read more...] about When Should You Use Your Emergency Fund?
In the modern world, you have so many options for automating your finances. We can use bank bill pay, payroll deductions, automatic payments through billers' web sites, direct deposits, and recurring bank transfers. Most of us think of these services are simply conveniences, but they can save you a ton of money. Here's how: … [Read more...] about 5 Ways That Automating Your Finances Will Save You Money