I started this blog, but forgot to say why! Here are some lessons I have learned over many years of trying many different budgets:
1) Online budgeting tools are nice, but only if you use them
2) Know how kids are more likely to eat vegetables they helped prepare? Same thing goes for adults using a budget they made themselves
3) Budgets trim wastefulness, and therefore, are good friends to keep close
4) Budgets do NOT have to be fancy
5) Budgets are like maps: they show you where to go, how to get there, and very useful when you get lost.
The first time I tried to track my spending, I found I had created a nightmare. With rows doing one thing and columns doing another, the budget had too many details and too many numbers, and was a budget too icky all around.
The budget I use now is in Excel. It includes formulas that add and subtract, and shows what % of my take home income each category represents.
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