7 Ways to Kick-Start Your Faltering Budget

Several months ago, I kissed budgeting goodbye. It was a strange move for a guy who wrote a book called The Secret to a Successful Budget. When I talked about why I kissed budgeting goodbye, I mentioned that once we left Papua New Guinea we planned to get back into the habit of budgeting.  Interestingly, that hasn't been as simple as we had imagined.  We've tasted of the forbidden fruit of … [Read more...]

3 Reasons Why We Kissed Budgeting Goodbye

Yes, I am the author of The Secret to a Successful Budget. Yes, in that book I said, "[the budget is] an essential component of any healthy financial plan." Yes, I also said, "If I had to identify one financial habit that helped us become debt-free, it would be the budget." Yes, I did mention, "For almost seven years now we've kept a budget - even now that we are debt-free. And we still … [Read more...]

20 Reasons to Start a Budget

A budget is a forecasting tool, so it lets you plan your future. Budgeting is a tool that helps you reach your life goals. Every dollar you save by budgeting is better than a dollar you make working. It provides a platform for communication between a husband and wife. Motivation.  When you get a clear vision of your progress each month, you are motivated to continue forward. Self … [Read more...]

YNAB Review (You Need A Budget 3) | Finance Software Review

My relationship with You Need A Budget (YNAB) started out in a very innocent way.  I requested a trial copy for research on an upcoming project – my eBook The Secret To A Successful Budget: Practical Advice for Creating a Budget That Lasts.  Since YNAB is specifically geared towards budgeting, I thought a book on budgeting would be incomplete without introducing readers to this computer … [Read more...]

Best Personal Finance Software 2014

Once upon a time I started on a quest.  It was the most noble of pursuits - to find the best personal finance software. My mission, of which I was given no opportunity to accept, is to find or upgrade my a personal finance software by April 30th. I had  Quicken Personal Finance Software, but alas my friends at the Intuit company want to continue to generate income so as of that … [Read more...]

How to Afford to be a Stay at Home Wife or Mom

For over four years now, my wife and I have enjoyed living off one income. While our lifestyle might not be appealing to some, we absolutely love it.  Every day I thank God that he has allowed our family to grow so close.  It is a blessing my wife is a stay at home mom.  She helps create such a healthy family environment. Since this is a sensitive topic to some, let me remind you that this … [Read more...]

How To Make Your First Budget

Special Limited Time Offer: Get The Secret to a Successful Budget for 50% off.  Valid through January 31st, 2012. Learning how to make a budget it an important skill.  That is why this blog talks a lot about budgeting: You Might Need a Budget if 20 Reasons to Start a Budget A popular myth is that you can get financially fit even if you don't make a budget.  They say don’t work hard.  … [Read more...]

Recommended Budget Percentages With Budget Categories

Determining the right budget categories and budget percentages is not a difficult task. One of the greatest budgeting fears is that you might get it wrong.  You fear that your allocation for groceries won’t actually allow you to make it through the month.  Unfortunately, this fear is one that can only be resolved by creating and experimenting with a budget. Another reason folks do not … [Read more...]

Steps To Get Out of Debt | Step Two

I posted here about your first step to getting out of debt.  Essentially, it was recommended that you track all your spending for 30 days.  At the end of those thirty days sit with your spouse, if you are married, and decide if you like the financial direction you are heading or if it's time for a change.  This second step will not mean anything until you first make the decision that something … [Read more...]

Debt-Free Christmas | It Can Be Done

Christmas is coming. Last Christmas I was amazed at the number of people who do not have debt-free Christmases.  I guess this couple is ‘normal’ as they celebrated their first debt free Christmas in 10 years. I am a big proponent of thinking and planning ahead.  This is self evident in my post about planning today for tomorrow and my post about beginning with the end in mind. 2008 was a … [Read more...]