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Keep a household budget in place and try not to veer away from it. It will be one of the most important and crucial things you will do for your family.

We work hard to earn a living. Many of us are working forty to sixty hours per week, ust to get the basics paid.

Wouldn’t it be such a blissful feeling if you did not have to stress so much about money? Working just to pay bills does not increase our motivation to work. We feel absolutely obligated to work, forcing some of us to despise work instead of enjoying the work we do.

Love Money Again!

We should make sure we spend the money we bring home appropriately. That’s where a household budget comes in.

We need to know our numbers! What is coming in and what is going out. What is going out should not be higher than what is coming in. And if it is right now, this is the time to change that.

Know Your Numbers!

Money is the hardest thing to talk about. For some of us, it hits all the negative feelings and reactions. it can make us do such irrational things. It can even break up families! But it really does not have to be like that.

I want to warn you, when we are working through your budget, you may get mad, this is ok, but understand that getting control of your money is a process, and an important one. Your negative emotions will try to stop you from taking control of yourself and your money, but you are strong, you can do this!

Being in debt is not fun, I know and have been there! It seemed like there was not going to be an end, it was seriously so depressing and embarrasing on top of it all.

It was difficult to talk with others about money troubles. However, I have learned that my ego and my pride is what was holding me back, it was controlling me to the point where I was just stagnant. It was making me sick, physically and phsycologically, I needed to find the remedy and fast.

Before we dive into exactly what a budget can do for us, let’s consider for a minute what will happen if we’re not tracking income and expenses.

Download This Free One Page Household Budget Planner

Thoughts, Feelings and Things That Will Happen If You Are Not In Control Of Your Money

Being one paycheck away from being homeless is not something you should be worried about.

Not being able to pay for three meals a day is not fun or safe, stay healthy by eating your three meals a day.

Watching your child grow out of their clothing to the point of their clothes nearly shredding right off them is not something you want to watch your child go through.

>We will always end up spending more than we’re making in a given month (or two, or three). Over time that can put us into some pretty hot water financially. We may also spend a lot more than we’d like to believe on things like eating out, going to the movies or new clothes.

Having a budget gives us more control over where we want to really spend our hard earned cash. Maybe that’s dinner and a movie, but maybe it isn’t.

Wouldn’t it be nice to have an actual choice?

A Household Budget Tracks Where Your Money Is Going

A budget simply tracks your money. You record where the money comes from each month (your income) and then write out everything you spend it on, starting with your regular monthly bills like mortgage or rent, car payments, utility bills etc. What’s left after all the bills are paid is your discretional income.

This list is just to get you started, every one of us will have some differences inwat we have to pay out and how much is going out. When it comes to your credit cards and loans, be sure to list them each separartely not combining them.

Download This Free One Page Budget Planner

A Budget Helps You Identify Things You Waste Money On

Having it all in front of you, laid out in a color-coded  graph helps you identify things you’re wasting your money on.

It makes you reconsider if you really want to spend well over $200 a month on Cable TV or $150 on your large cell phone plan. Or how about that yearly magazine subscription to something you no longer read? Go through your expenses and reevaluate if this is really how you want to spend your pay check.

Track the last three months of your life. What did you spend money on? Why did you spend money on them? Learning why you spent money on somethng is going to help you determine if that is a good way to spend your money or something that could have been either avoided altogether or could have been something that can be gifted to you.

READ  This Coupon Savings Challenge Helps You Fill Up Your Savings Account

Creating a Budget Allows You To Be Proactive About Savings

Saving money without a budget is hard. We go in with the best of intentions at the beginning of the month, but somehow there isn’t anything left at the end of the month.

A budget gives you a chance to be a bit more proactive. Set aside some money for and emergency fund and savings at the beginning of the month, even if it’s just $20. Put it in the budget as a regular expense, just like you do with your other urgent bills. If you need to, open a separate saving account so you’re not tempted to spend it.

Your budget absolutely needs to be down on paper! Please do not pretend to have a budget in your head, this is why most people are in debt. They assume because they think about a budget, they have things under control, until they are deep in debt.

Download This Free One Page Budget Planner

A Budget Ensures You’re Not Spending More Than You’re Making

Most importantly, your budget will keep you on track and help you make sure you’re not spending more than you’re making. And I don’t have to tell you that that’s pretty important for your financial well-being.

Having a budget to maintain your money flow will increase your money management to maintain complete control of your money.

In your budget, once you get down the basics, then you can finally budget in your freedom to financial peace. This means creating an emergency fund, retirement fund and so much more.

 Let’s begin To Understand Money Together.

Download this free one page easy to understand budgeting worksheet. This will help you with just getting started. Make sure to join the brand new Budgeting For Financial Freedom Facebook Group to help you with personalized money management needs.

You can submit your budgeting needs anonymously using our Budgeting Google Form for assistance. We will help you work through it in the form of a post. It will be posted anonomously, it will be a great way to get unbiased assistance, as well as others will be able to learn from it. There will be NO identification attached, we don’t even know who submitted what.

Download This Free One Page Budget Planner
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The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness

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New York Times bestseller! More than Five million copies sold!

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The Total Money Makeover Workbook: Classic Edition: The Essential Companion for Applying the Book’s Principles

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Item DimensionsHeight: 988; Length: 689; Weight: 95; Width: 63
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Publication Date2018-01-02
PublisherThomas Nelson
Release Date2018-01-02
StudioThomas Nelson
TitleThe Total Money Makeover Workbook: Classic Edition: The Essential Companion for Applying the Book’s Principles

New York Times best seller! More than five million copies sold!*

You CAN take control of your money. Build up your money muscles with America’s favorite finance coach.

Okay, folks, do you want to turn those fat and flabby expenses into a well-toned budget? Do you want to transform your sad and skinny little bank account into a bulked-up cash machine? Then get with the program, people. There’s one sure way to whip your finances into shape, and that’s with The Total Money Makeover: Classic Edition.

By now, you’ve heard all the nutty get-rich-quick schemes, the fiscal diet fads that leave you with a lot of kooky ideas but not a penny in your pocket. Hey, if you’re tired of the lies and sick of the false promises, take a look at this—it’s the simplest, most straightforward game plan for completely making over your money habits. And it’s based on results, not pie-in-the-sky fantasies. With The Total Money Makeover: Classic Edition, you’ll be able to: 

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In Smart Money Smart Kids, Financial expert and best-selling author Dave Ramsey and his daughter Rachel Cruze equip parents to teach their children how to win with money. Starting with the basics like working, spending, saving, and giving, and moving into more challenging issues like avoiding debt for life, paying cash for college, and battling discontentment, Dave and Rachel present a no-nonsense, common-sense approach for changing your family tree.

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Dave Ramsey knows what it's like to have it all. By age twenty-six, he had established a four-million-dollar real estate portfolio, only to lose it by age thirty. He has since rebuilt his financial life and, through his workshops and his New York Times business bestsellers Financial Peace and More than Enough, he has helped hundreds of thousands of people to understand the forces behind their financial distress and how to set things right-financially, emotionally, and spiritually.

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Dave Ramsey's Financial Peace University Designer Envelope System

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AuthorDave Ramsey
BindingLeather Bound
EAN9780975303351
EAN ListEAN List Element: 9780975303351
ISBN097530335X
Item DimensionsWeight: 30
LabelThe Lampo Group Inc.
LanguagesName: English; Type: Published
ManufacturerThe Lampo Group Inc.
Package DimensionsHeight: 120; Length: 710; Weight: 30; Width: 440
Product GroupBook
Product Type NameBOOKS_1973_AND_LATER
Publication Date2005
PublisherThe Lampo Group Inc.
StudioThe Lampo Group Inc.
TitleDave Ramsey's Financial Peace University Designer Envelope System

Leatherette lavender and brown wallet includes Dave Ramsey's complete spiral-bound Envelope System and 4 extra cash-management envelopes. Holds your ID, pen, coins, cash, checkbook, check register and debit cards.

The Financial Peace Planner: A Step-by-Step Guide to Restoring Your Family's Financial Health

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AuthorDave Ramsey
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ColorGreen
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Publication Date1998-01-01
PublisherPenguin Books
Release Date1998-01-01
StudioPenguin Books
TitleThe Financial Peace Planner: A Step-by-Step Guide to Restoring Your Family's Financial Health

Get out of debt and stay out with the help of Dave Ramsey, the financial expert who has helped millions of Americans control their money The Financial Peace Planner may be the most valuable purchase you ever make. Dave Ramey's practical regimen, based on his own personal experience with debt, offers hard-won advice and much needed hope to people who find themselves in serious debt and desperate for a way out. This book comes in a workbook format, allowing you to frequently monitor your progress and, most importantly, to face your situation honestly. Loaded with inspirational insights that come from personal experience, this set of books will be life changing for any debt-ridden readers. You'll find help on how to: • Assess the urgency of your situation • Understand where your money's going • Create a realistic budget • Dump your debt • Clean up your credit rating

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