When you simplify your budget, establishing a clear guideline for wants vs needs can be quite the challenge. A budget can be destroyed with one impulse buy you think you need. Want have a desire to possess or do (something); wish for: Need require (something) because it is essential or very important: A simple definition can really make you think... Do you desire or require the items you purchase each month? Don't fret, I have tips on how to set a clear boundary for your purchases. When we took a hard look at our budget, expenses and what priorities we had we came to a realization; most of our items purchased were WANTS. Home Entertainment: Cable for your TV, wifi internet, Hulu/Netflix, Amazon Fire TV and other options.... aren't essential for you to live the good life. To scale back our living expenses we cut our cable, purchased an Amazon Fire TV & Amazon Fire Stick and switched to a cheaper wifi internet service. Saving us over … [Read more...] about Simplify Your Budget; Week 2 Wants VS Needs
Why set a monthly budget? Do you find yourself struggling to make ends meet? Most people do when they don't have a plan. Some are able to keep track; a spreadsheet of bills, due dates and amounts. Still struggling.... worrying you will have to resort to credit cards for day-to-day purchases because money slips through your fingers too fast. I've been there. I used to spend way more than I should. Not on purpose of course, I just didn't have a plan. A budget is so important each month. Your needs change each month and so should your budget. The hardest part about establishing a budget is sitting down and analyzing your bills and expenses. It's overwhelming and often eye-opening and terrifying. Where is my money going? Why can't I save? If you are feeling this fear each month it's time. Time to change your spending and reflect on where your money is going. Stay in control, resist temptation to buy unnecessary items. Nowadays we look for immediate gratification, we see a deal … [Read more...] about Simplify Your Budget; Week 1 Why Set a Monthly Budget?
Our main goal for 2017, simplify our lives. Simplify it in every aspect. Our goal of simplifying our lives gives us the chance to focus on what truly matters, for us that means more quality family time. Do you want to simplify but feel overwhelmed? Wondering where do you start when you look at all the chaos? Here are 10 easy ways to help you get started! 1) Remove the clutter. Removing even one unwanted item a day will lead to less stress, quicker clean up and a well kept home. Sell unwanted items for a boost in your savings or to pay off that unwanted debt. 2) Create a budget. Knowing where your money is going can help you finally reach your financial goals! We love using EveryDollar, a free budget service, for our budgeting needs. We have been closely following Dave Ramsey and his system was the perfect method for us to finally feel in control of our spending. Are you looking to save more? Pay off debt? Take a vacation without using your credit line? Remove unnecessary … [Read more...] about 10 Ways To Simplify In 2017