Budgeting is a continuous process that involves reflecting back on what you had cast with your previous budget, comparing your forecast to what actually happened, understanding why the budget didn’t align with actual expects, and making the necessary changes with your forecasts for the next budgeting period. The budgeting process can be as simple as …
Budgeting can initially feel difficult as there are some decisions you need to make on the frequency of how often you need to be doing a budget, and how far forward you need to project. The best way to get started with a budget is to focus on the frequency of your pay cycles. If …
It is time to take control of your family’s finances. Today is the day. In this blog post, we will discuss some practical steps to help you get started creating a cash-flow budget that works for your family. To create your first cash flow budget all you will need is the following: Why budget? But …
Budgeting can be a difficult task, but it is one that many people need to do. A budget is simply an estimate of your income and expenses for the month or year. It helps you plan your spending habits so that you have money left over at the end of the month. If you are …
When budgeting for car maintenance there are three things to consider: where you are in the cycle, how many miles you put on the car between services and the age of your vehicle.
Do you budget? No? Is this because you’re afraid of what it might reveal, and are running scared of the changes you might need to make? Budgeting allows you to acquire a superpower, the ability to know what to do in the future and how to control your finances.