Budgeting Archives - Page 4 of 5

09Mar 2016 by Women's Money

#WomensMoney Week: Budgeting & Spending #WMW16 @lilmsmoneybags

#WMW16, Budgeting, Debt, Saving & Investing, Women's Money Week

Dirty confession: I haven't had a budget in years.I think there are two ways to approach personal finance, and I've done both. One is a zero-based budget, where each dollar is assigned to a category and once you run out of money in a category, you don't get any more until the next pay period or month. The other way is to track every dollar you spend, so you can monitor trends and adjust as needed. Both work very well, if you're diligent, but I think they work for different circumstances. Read More >>by Little Miss Moneybags

09Mar 2016 by Women's Money

5 Tips for Business-Like Budgeting for the Home #WMW16 @barbfriedberg

#WMW16, Budgeting, Entrepreneurship / Making Money, Money in Your 20s/30s/40s/50s/Retirement, Women's Money Week

Successful businesses have one thing in common: they are good with their money. If you want to maximize your money at home, you should take a business-like approach to budgeting. Here are five things that successful businesses do well, and tips to help you do the same!Read More >>Submitted by Barbara FriedbergBy staff columnist, Alexandra Deluise

09Mar 2016 by Women's Money

How to Save for Retirement as an Entrepreneur – #WMW16 @BrightwaterFin

#WMW16, Budgeting, Debt, Entrepreneurship / Making Money, Saving & Investing, Women's Money Week

When I asked a group of local working moms, many who are self-employed, about their money and financial planning questions, the very first question was around saving for retirement:When I left my corporate position to become self-employed, I sacrificed contributing to a [company-sponsored] 401(k). I know I could pursue a self-employed 401(k), but I have no idea how that works. I don’t get matching now and it makes me wonder if it’s even worth it. My husband is saving to his. Do I need to resume, too? So, my question would be – do you recommend any options? Is there a bare minimum someone should save?Read More >>by Cathy Derus

09Mar 2016 by Women's Money

10 Things You Shouldn’t Pay For – #WMW16 @simplysavemn

#WMW16, Budgeting, Saving & Investing, Women's Money Week

One of my favorite sayings is, “Don’t pay for what you can get free.” Legally of course. There are tons of things we pay for that we could get free, but we either don’t think about it or don’t know about it. Here are some ideas for you of things you shouldn’t pay for.There are tons of things we pay for that we could get free.Read More >>by Heather Shue

09Mar 2016 by Women's Money

Grounded Magic: Rethinking the Law of Attraction #WMW16 @Mikelann

#WMW16, Budgeting, Goals / Taking Action, Money in Your 20s/30s/40s/50s/Retirement, Relationships & Money, Women's Money Week

Can you attract more money?We’ve all heard about the “Law of Attraction”—that what you focus on, you attract. (This was popularized in the book and movie, The Secret.) Said another way—many believe that your thinking creates and brings to you what you think about. While this may sound a bit overstated, I do believe that what you focus on tends to expand. Therefore, it is very important to be aware of what you focus your thoughts on. Yes – the Law of Attraction can be very powerful.Read More >>by Mikleann Valterra

08Mar 2016 by Women's Money

Simple Ways to Organize Your Financial Documents #WMW16

#WMW16, Budgeting, Goals / Taking Action, Miscellaneous, Money in Your 20s/30s/40s/50s/Retirement, Relationships & Money, Saving & Investing, Women's Money Week

Chances are that organizing your finances probably doesn’t rank at the top of your list of awesome ways to spend an afternoon.But this to-do is just as important—if not more so—than cleaning out your closet or tidying up the garage. And, at some point, we all just need to buckle down and tackle it.Here is a simple two-step approach to organizing your financial documents. Keep Track of Electronic Accounts Organize your electronic passwords. You can do this with the Electronic Accounts Recorder. This handy tool is available through the Women's Money mentoring program or in your Women's Money Guidebook.Create a One Sheet "Map" of Important DocumentsUse a Vital Documents Inventory to keep track of documents like: passports,birth certificates,stock certificates,social security card, immunization records, etc. The Vital Documents Inventory Sheet is also another…

08Mar 2012 by Women's Money

The Biggest Budget-Busters — And How to Avoid Them

Budgeting

Budget. It’s a word we hear often and one that some of us try to avoid. Creating a budget is essential in gaining hold of finances. One thing to keep in mind is that a budget is ever changing. As our lives change, accidents happen, emergencies come about, raises occur and so on, our budgets should be adjusted too. It can be frustrating to create a budget only to have it bust from an unplanned event. To help you plan, here are some of the biggest budget busters: (more…)

08Mar 2012 by Women's Money

How to Create a Budget That Works for You

Budgeting

When it comes to personal finance nothing feels more daunting than making a budget. Whether it is the numbers, the fact that it is money or the honest look at what you are actually spending, most people cringe at the thought of making one. However, a budget isn't all that difficult. It's a matter of repeatedly doing addition and subtraction until the end result is zero. (more…)

08Mar 2012 by Elizabeth

Should You Budget? No, Don’t Budget

Budgeting

What’s the second worst “B” word? Budget. Most people equate the word “budget” with something awful - like deprivation. No one is ever excited about budgeting, because it always means you don’t have enough of something. And not having enough, well who likes that? When you set out to budget, few people think of that as reallocating their resources. Rather, they think of it as cutting back. (more…)

08Mar 2012 by Women's Money

Should You Budget? Of Course You Need a Budget

Budgeting

Being a personal finance blogger, I can easily say I’m obsessed with budgeting. Not only do I re-assess my finances once a month to see if I have acquired any new expenses, I also sit down every two weeks and make a bi-weekly budget to make sure all of my fixed expenses are paid. I have money put aside for my variable expenses and I can try to make some headway on financial goals I have for myself. I know not everyone does this but what blows my mind even more is when people ask me why they should have a budget. I remember my pre-blogger days like they were yesterday and I can easily tell you why you need one. (more…)

Category: Budgeting