Are You Experiencing Budget Burnout?

It is very easy to become burned out when it comes to budgeting. This problem magnifies when one spouse is a budgeter and the other is not. This can create a tension in the relationship, because one spouse is constantly asking the other if there is money to spend this or that or even worse just randomly spending the money on unexpected things. So how do you deal with budget burnout? One way to help avoid is to have both spouses plan the budget. It is important that you set up a realistic budget that you are both comfortable with. … Continue reading

Cutting Back Financially

One of the main reasons that people do not to have a budget is because it means that you cut back on spending in certain areas. There are many reasons why people do not want to cut back: they work hard, they want to have fun, they want to provide everything for their children or they feel as though they have cut back everything possible. It is interesting to realize that everyone has a different threshold that they begin to feel deprived at. This conditioning has a lot to do with the way that you are raised. It is important … Continue reading

Five Financial Minutes Each Day

Do you feel like your finances are spiraling out of control? Is it difficult to find the time to balance your checkbook every month? Are bills late and important paperwork forgotten because you just feel so overwhelmed by what you should be doing? The easiest solution is to just spend five minutes a day looking at your financial picture. It really only takes about five minutes to glance at your balances, record any receipts you may have and check to see how much you have left in each category. If you are married this activity works best if you do … Continue reading

Money Week in Review June 19-23

This week there are several great articles about investing and making the most of your money. You can also learn some basic tips about budgeting and long-term planning. Paying Off Loans gives guidelines for organizing your loans to pay them off more quickly. This article discusses several factors to consider aside from just the interest rate on the loan. Are You Eating Up Your Budget? discusses how much money you really end up spending on food. It gives a few suggestions on how to save both time and money when it comes to food. The True Value of College discusses … Continue reading