Budgeting

Choosing a Budgeting System That’s Right for You

Over the last several years, I’ve had the opportunity to try out a number of different budgeting systems, both for personal use and because readers have asked me to try them out. All of these options have the same goal: get control over your money. Where they vary is in their execution. Some allow you …

Categories: Budgeting

Nine Strategies for Fixing Common Budget Problems

Budgets are an amazing tool for getting a clear picture of your financial situation and for planning for the future. They make it possible to see, in one overall place, the exact state of your monthly spending. You know where every dime is going. You know why every dime is going there. You can also …

Categories: Budgeting

The Dangers of Heroic Budgeting

There have been at least two periods in my life where I lived in an extremely cheap fashion. The first was during a period in college in which I lived in off-campus apartments with roommates. I lived off of ramen noodles and whatever was on sale at the grocery store (I lived on lots of …

Categories: Budgeting

A Deeper Look at Proportional Budgeting

To people who don’t actively budget, budgeting can seem like a complicated mess involving spreadsheet programs, notebooks, and other materials. To others, it can seem like a restrictive nightmare, keeping your different types of spending in a tight box and holding back your freedom of choice to an unpleasant degree. (I actually don’t find either …