Believe it or not my background is in accountancy and I married an accountant too, however, I never really took our home budgeting seriously, that is until we had NO money! yes I was a fool.
So over the next four weekends I am going to talk to you about money management and budgeting for beginners. We are going to take a look at how how to capture your spending, work out your total incomings, prepare a basic budget and then make a basic financial plan
We are going to do it in this order as I personally feel you can not make a short or long term financial plan without knowing how much you are bringing in or how much is going out.
This is a really simple thing to do, but you really do need to follow the steps.
Each week I am going to provide you with a basic planner and then talk you through the steps and then we are going to look at ways we can manage out families finances.
So before we start net Sunday I want you to take a week to make sure you are committed to this. It is easy, but can be mentally exhausting.
To prepare:
Do you have a post that is about thrifty parenting, decorating or lifestyle. One that is about frugal food or crafts and art. or even a post about making the post of what you have, then please do link up. Each week we make sure we pin the post, feature some on our facebook pages and then we each have a round up on a Sunday. Let’s all share that being frugal can be fabulous.
My pick of last weeks posts is this fabulous Cinderella colouring sheets from In The Playroom
We may need courage to work out our financial plan and we also need to be kind to others and ourselves too.
Please take a look at my fab co hosts and their posts, Cass at Diary of a Frugal Family,Mum in The Mad House and Emma at Mum’s Savvy Savings.
So over the next four weekends I am going to talk to you about money management and budgeting for beginners. We are going to take a look at how how to capture your spending, work out your total incomings, prepare a basic budget and then make a basic financial plan
We are going to do it in this order as I personally feel you can not make a short or long term financial plan without knowing how much you are bringing in or how much is going out.
This is a really simple thing to do, but you really do need to follow the steps.
Each week I am going to provide you with a basic planner and then talk you through the steps and then we are going to look at ways we can manage out families finances.
So before we start net Sunday I want you to take a week to make sure you are committed to this. It is easy, but can be mentally exhausting.
To prepare:
- Gather all your financial statements in one place
- Make sure you have shredder
- Gain the ability to view your bank statements online
- Dedicate an hour a week to your paperwork
Do you have a post that is about thrifty parenting, decorating or lifestyle. One that is about frugal food or crafts and art. or even a post about making the post of what you have, then please do link up. Each week we make sure we pin the post, feature some on our facebook pages and then we each have a round up on a Sunday. Let’s all share that being frugal can be fabulous.
My pick of last weeks posts is this fabulous Cinderella colouring sheets from In The Playroom
We may need courage to work out our financial plan and we also need to be kind to others and ourselves too.
Please take a look at my fab co hosts and their posts, Cass at Diary of a Frugal Family,Mum in The Mad House and Emma at Mum’s Savvy Savings.
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