I've heard that it is possible to spend too much money in December. And if one overspent in December, one might be ready to buckle down in January. Sound familiar? One goal my husband and I made this year is to budget better. In the past, one of us takes care of paying the bills and the other one takes care of worrying about money. We thought there might be a better way.
Our plan is to start each month by planning our budget. The next month, we will reconcile what we actually spent with our plan and see how we did. Then we'll set up the next month's budget. A typical budget might look like this:
There are a lot of free budgeting tools out there. It's an easy way for anyone of any income level to better track and control spending and saving. So are we the last ones to actually do this? Do you have any great budgeting tips to share? Feel free to comment on this post or contact me with any ideas.
Mint.com is an excellent free website for budgeting and keeping track of all of your online accounts and it has the same security features as your bank's websites.
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