In the past, we talked about starting to pull together information so that you can understand where you are spending money.  With a few week’s worth of information available to you, it’s a good time to begin to analyze your spending.
First, look at your food expenditures.  Do you find that you are spending pocket cash [...]

[Read more →]

Are you having a difficult time sticking to your budget?  If so, it may be helpful for you to try out a cash diet for a month.  It’s a great way to discipline yourself to only spend the month that you have.
So, what is a cash diet?  Essentially, it involves using only cash to make [...]

[Read more →]

I’ve talked to many families who work from a tight budget, and many of them claim that Target or Walmart is one major budget buster.  While they may go in for a few necessities, they end up spending way more money than they planned.  Here are a few tips on how to make sure you [...]

[Read more →]

Have you been tracking all of your expenses?  If not, make sure that you grab a notebook or set up an Excel spreadsheet and track every single dollar that you spend.  You should at least capture a month’s work of expenses prior to doing the analyzing below.
Once you have put together expenses from the last [...]

[Read more →]

All families should update a balance sheet at least once or twice a year to get an understand of what your true financial situation is.  Even if you aren’t a finance expert, you can definitely put together a quick and easy balance sheet!
Essentially, a balance sheet is a way for you to compare your financial [...]

[Read more →]

Last week, I wrote about motivation.  Now that you have decided upon what your true financial motivation is (and discussed it with your partner), this week I have a reading assignment and a list of a few things you should get prepared.
I’m going to write about all kinds of budget tips but I really think [...]

[Read more →]

Welcome to my first Fix My Budget column on The Mindful Moms.  This column will not provide investment or product advice, but will give you the information and motivation you need to help prepare your financial future.
So, let’s get into the Fix My Budget mindset.  To start, you need to have motivation.  This week’s column, [...]

[Read more →]