Does the thought of routinely tracking your income and expenses make you cringe?
I’m a little unusual in that I LOVE budgeting, at least most of the time! My dad always posted our family’s monthly budget on the refrigerator (much to my mom’s chagrin) where we could all see at a glance how we were doing. Even though my mom frantically flipped over the budget when company came over so that the whole world wasn’t privy to our spending habits, having that budget front and center taught me the importance of “knowing your flocks and herds” and the value that budgeting brought to our family.
And so, when Jon and I got married, I started keeping a detailed budget. For years, I dutifully kept track of our expenses. Some months were pretty hard, as the outgo quickly outpaced the income, but I always knew right where we stood financially even if the situation wasn’t pretty.
A couple of years ago, however, I got really burned out on budgeting, largely due to the frustration of always struggling to make ends meet. Although I haphazardly budgeted, many months I actually didn’t finish tallying our expenditures.
Eventually, though, I realized that half-hearted budgeting attempts weren’t doing us any favors, so I resumed filling out my spreadsheets every month. But I found some fantastic shortcuts that took most of the pain out of budgeting!Read More