Getting Back To Basics

Well I think it is time to get back to the basics. We have been spending more than we should be and have been coming in short by the end of the month. We have been spending a lot of money on eating out and buying a lot of little things, that we don't really need. It's time for us to start cutting some of these things out. It's funny how fast small purchases add up. I also need to start working on our emergency fund again. I have been slacking on saving money in our emergency fund and had to bust out a credit card to pay for a unforeseen plumbing problem. So we are now back in credit card debt. Not that the amount is major, but now we have a debt that we didn't have before to pay off. Anyway I will be working on a new budget and hopefully we will be able to stick to it.

Pain in the Pump

With gas prices soaring, everyone is feeling the pain of high fuel costs. Because we are spending more on gas than we were before, I need to rework our budget. This is something that brings no joy in my life. Wether I like it or not we are spending more at the pump, so I need to allocate more money for fuel than I had in past months. Another thing we need to look at is our electric bill, which has jacked up over these summer days. This means less spendable cash at hand. So I will start working on a new budget and let you guys know how it came out later.

I really hate budgets

I really hate budgets for some reason. One we never meet them or we just blow them off and two they are just a pain in the butt. I know I need to work on one to track our spending better, but I just dread taking the time to go through everything. Anyone have any ideas or comments. I'd like an easy budget and something that we would be able to not only keep up with, but would be willing to continue using.

Budget Time Again

Well now that we got the loan to pay off all of our credit card debt, it's time to do our budget again to make sure that we have everything paid on time and aren't broke most of the month. I was paying all of our bills at the beginning of the month, but now I'm going to have to split it between the 1st and the 15th. I hate budgeting, but it has to be done. I am glad that we have all of our credit card bills consolidated now and only have to make one payment instead of many. I am also trying to put some money away for when the baby comes, just in case we have any extra costs. Hopefully the budget works out with out too many hassles.

Well Christmas is Over

Well Christmas is over and we made it through without going totally broke. This is the first year that we did not use our credit cards for any gifts and we even made a budget of what we would spend on gifts. It actually feels pretty good and we have enough left over to get us to next payday, without having to bust in to into our emergency fund. So not only did we have a happy holiday, we kept our spending under control, which means less credit card debt to pay off. Yeah! I hope everyone else had a happy holiday. I am looking forward to the new year, not just for the food and parties, but also for the chance to get working on the wife's and my new year resolutions and the more we plug away at our debt the sooner we will have it all payed off. Which means we will be on our way to financial freedom.

Happy Holidays everyone and I hope your Christmas was as enjoyable as mine.

Tags: Debt Reduction, Budgets