
Moving into 2010 has been interesting for me. I have been on the move to change bad habits and create new healthy ones. The first bad habit that I have been tackling is my “living life on the edge” budget. I pretty much knew how much money I had but I never paid attention to how much I was spending on one particular thing. I also was using deadly credit cards. I was numb to the dumbness of my life. I was living my life on Stupid instead of living it on SMART!! I am not saying that I am stupid, I am just saying that I like so many out there, ignored the issues that caused them to fall deeper and deeper into the earthly Hell called DEBT. So the buck stops here, literally.

How does one live life on a tight budget, say no to the unnecessary and hopefully plan for the unexpected? Since the beginning of this year, I have been transitioning into the Total Money Makeover mindset. I took a Financial Peace University course before Christmas last year, but really didn’t implement it hard core until January. So now I am budgeting, saving, and trying to figure out how the heck do I live off of a stipend of what I make? I have noticed that when you are trying to stick to a plan, it is certainly not easy. It’s not easy when fun things come around the corner and at the last minute you have to say no. This is not the end of the world, but it is certainly a change.
So, I have been avoiding this for a few weeks, but I know the time has come. I must record every penny I spend to figure out what I can fix in the future. This must be done for 4 weeks. I know too much spending for most people, really comes down to the food budget; you think you need this or that and before you know it, your money is gone. So here goes the next financial breakthrough in my life. I will record every single penny that I spend and try and figure out how I am blowing the cash. This idea is not my own, mind you.

So, to all my readers, here goes. If you have any good advise on budget's, please let me know. I am all ears.
I don't have any, but I'll give you some advice as soon as I run into any myself :)
ReplyDeleteWe totally need to get together sometime so I can let you know what I'm trying for myself. Let me know if you can come over sometime for coffee/tea and we'll chat. Talking about coupons gets me very excited. :)
ReplyDeletewith your FPU kit you should have gotten an envelope system, start using it for food. it has helped us stick to our food budget. We took FPU about 1 1/2 years ago & we didn't use the envelope system when we got it. In January when we started doing a budget again I decided we were going to use it this time & it's helped alot. Also budget in some spending money for yourself, even if it's only $10 a week, we each get a $10 a week allowance & it really helps to keep us from over-spending. I'm so looking forward to the FPU grad school & I'm glad that you're gonna be there too. see you next week :)
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