LWM

Some Encouraging Words:

Okay you still have hair on your head (well most of you anyway) and you haven’t thrown in the towel quite yet. I promised you it would get better and I am going to share today some of the positive experiences I have personally seen while going through this process.

I too created a budget, set up envelopes and gave up many things that I wish I could have kept. I knew that in order to be successful I had to give 100% to this process and for ...

Building a Budget:

Last time we talked about setting up envelopes for the envelope system of budgeting, today we are going to talk about balancing your budget and try to make some sense of it.

We started by creating a budget… for many that is the most difficult step. You know how much you make each month and you do not have much control to change that figure, then you start to list your expenses and if you were anything like me you expensed far more than you showed ...

Step 3 - The Envelope System

Okay so you have gotten this far, I assume that means you are at least a little interested in your financial future. Congratulations, you have gotten further than many others.

Today’s blog is about envelopes… yep, your heard me rights (or read me right). The way this budgeting system works is through the use of envelopes, let me explain. Go out and get yourself a box of envelopes, it really does not matter what kind and over ...

We left off last time talking about making a budget, I know just building the budget can be difficult, keeping it will even be more difficult if you do not discipline yourself so be ready to stick to what ever you put down in your budget. If you make a budget and do not follow it then this will not work, you must follow your budget (and it is YOUR budget, you made it).

Before I go too far I have to throw a wrinkle into this for all you married folks like me, you have to do this as ...

Step 2 – Get a Budget

Today I want to share with you the importance of having a budget, budgets are something that many people work with in their professional lives but not enough people apply budget principles to their personal lives.

You know how it works… you get your paycheck and you pay bills, if there is any money left over you find a way to spend it but seldom is the extra money put into savings or used to pay off debt.

My goal when I started ...