The 20 Minute Budget

The 20 Minute Budget Add up Income Make 2 Expense Lists: +Salary +Dividends Short Term Long Term + Interest + Child Support New Car Retirement Tahiti Katie's College TOTAL INCOME Anniversary Gift Tuition Add Optional Expenses Add up Fixed Reconcile! Expenses (STARTING BALANCE) rеpairs -hobbies -mortgage/rent + INCOME -utilities - EXPENSES -habits groceries -entertainment -education loans ENDING BALANCE -dining -fitness/sports -beauty -gifts (given) -ir nce -healthcare -car -communications -taxes ΤΟΤAL -child care OPTIONAL pets TIPS! ΤΟΤAL FIXED Talk about it! Discuss your budget with your family - it's important for everyone to be on the same page. yPractice makes perfect. Try making your budget part of your daily routine. Technology is your friend. Find a budgeting software that works for you (we love Cashcalculator, which is a free computer app for macs) yRe-evaluate necessities. Distinguish the difference between your WANTS and your NEEDS. Use a reward system. Build rewards into your budget (eg. nails every month for staying within budget) yPay with cash. Avoid paying with credit cards for everyday expenses (eg. your daily Starbucks for $4.50 will feel very different in cash vs. credit. DivacFO. wordpress.com :) The 20 Minute Budget Add up Income Make 2 Expense Lists: +Salary +Dividends Short Term Long Term + Interest + Child Support New Car Retirement Tahiti Katie's College TOTAL INCOME Anniversary Gift Tuition Add Optional Expenses Add up Fixed Reconcile! Expenses (STARTING BALANCE) rеpairs -hobbies -mortgage/rent + INCOME -utilities - EXPENSES -habits groceries -entertainment -education loans ENDING BALANCE -dining -fitness/sports -beauty -gifts (given) -ir nce -healthcare -car -communications -taxes ΤΟΤAL -child care OPTIONAL pets TIPS! ΤΟΤAL FIXED Talk about it! Discuss your budget with your family - it's important for everyone to be on the same page. yPractice makes perfect. Try making your budget part of your daily routine. Technology is your friend. Find a budgeting software that works for you (we love Cashcalculator, which is a free computer app for macs) yRe-evaluate necessities. Distinguish the difference between your WANTS and your NEEDS. Use a reward system. Build rewards into your budget (eg. nails every month for staying within budget) yPay with cash. Avoid paying with credit cards for everyday expenses (eg. your daily Starbucks for $4.50 will feel very different in cash vs. credit. DivacFO. wordpress.com :)