If I had a formula for bypassing trouble, I would not pass it round. Trouble creates a capacity to handle it. I don’t embrace trouble; that’s as bad as treating it as an enemy. But I do say meet it as a friend, for you’ll see a lot of it and had better be on…
Category Archives: Budgets
What If Your Budget Doesn’t Balance?
One half of knowing what you want is knowing what you must give up before you get it. ~ Sidney Howard Update: This article was featured in the Carnival of Money Stories posted at Buxr as well as the Festival of Frugality #226 posted at Beating Broke. Thanks! I’ve written often about the importance of…
How to Make a Budget: My 2 Cents
There is no one giant step that does it. It’s a lot of little steps. ~ Peter A. Cohen Update: 6 Remedies for a Debt Hangover is mentioned in today’s Money Hacks Carnival #100 @ The Ultimate Money Blog. Thanks Mrs. Money! Over the past 2 years, I have had to rework our budget a half…
How to Make a Budget: Your One-Stop Shop
The first step towards getting somewhere is to decide that you are not going to stay where you are. ~ John Pierpont Morgan (Yep, it’s that J.P. Morgan) Update: This post is included in the Money Hacks Carnival #102 at Passive Income Now. It’s also in the carnival Personal Finance: Third Edition. Thanks! A lot…
Your Budget: 5 Factors That Will Determine What It Looks Like
Success consists of going from failure to failure without loss of enthusiasm . ~ Winston Churchill There is no single right way to make a budget. Like most other aspects of personal finance and life we just need to figure out how to make the one that works best for us. Usually, this will mean…
Do You Need a Budget?
If you don’t know where you are going, you will probably end up somewhere else. ~ Lawrence J. Peter Budget. Just uttering the word can make people cringe, squirm, and head for the hills. Even noted personal finance expert David Bachclaims that budgets don’t work. Rather, he says that we should “toss out the budget and…
