"Been there – done that, and it didn’t work." This is a common response women have when it comes to budgeting. The problem is that it feels restrictive– like trying to stick to a diet. And no one wants to feel limited or restricted!
Cash envelope budgeting is a technique of budgeting that’s been around for a long time. While I think it’s an excellent technique for budgeting, I prefer a modified approach I think makes more real-world sense.In case you don’t know or need a refresher, cash envelope budgeting involves using envelopes to manage money. An envelope is created for each of your budget categories such as food . . .
I have long touted my method of using ING Direct for budgeting and it has served Linda and I well. It has been a free and fairly simple method of budgeting that has helped us keep our finances organized. When we got married, we were in a pretty tight spot financially and there wasn’t really any room in the budget to pay for budgeting software.
Understanding your cash flow doesn't have to be difficult. You can largely automate it when you use budgeting tools that allow you to see where your money comes from, and track where it is going. Here are 5 budgeting tools for Canadians.
I’m bad at budgeting , your bad at budgeting, the government is bad at budgeting…
Do you see a pattern?
Heck, some people don’t even like the word budget, but regardless if you call it a budget it or not there is a way to not fail it.
Most people fail at diets and budgets for this reason!
Check out my video blog to find out!