Did I tell you about the time I lost my keys? I tore up my whole house looking for them. I search my purse, the diaper bag, the hook where they were SUPPOSED to be. I searched the bottom of the clothes hamper, the toy chest. Even the toilet because... toddlers.Read More
It is no secret that I am not an organized person. Sigh. This is something I am working on, but it is difficult for me. But I have other good qualities...
But, one way I have gotten myself more organized is to plan my family's weekly menu. At our house we have my husband, me and our two sons who eat smaller portions of the same foods we do. Some days they eat way more than other days.Read More
A few weeks ago I was watching a family YouTube channel. The video was all about what the couple got their kids for Christmas. It was a fun video and the family is just precious. I don't know why but I found myself reading the comments. I never do this because let's be honest the comments section is where discourse goes to die. (Except here. You guys are wonderful!)
The comments that kept popping up were "look at how much money you're wasting" or "your children are so spoiled."Read More
You have heard me talk and talk and talk about the importance of a budget. But what about budgeting if you have in irregular income? This is actually a question I get a lot and I have a little bit of experience with this.
2 Goals: 20 percent of your take home pay would, under this plan, go to goals such as paying off your debt and getting your emergency fund in place.
3 Flexible spending: Under this plan about 30 percent, but no more than that, would go to flexible things like eating out, entertainment and gas. However, it is my personal opinion that if you are trying to get out of debt and build better savings habit, 30 percent of your income to flexible spending is too much. That money really could be better used paying off student loans or padding your bank account.
5. Use half payments
Half payments are amazing for so many reasons, but they are especially great for an irregular income because they help you eliminate debt faster while feeling in control of your situation. The half payment method just means that instead of making one monthly payment on a debt like your student loans or mortgage, you would make half a payment bi-monthly. Because of this, you are making 26 half payments instead of 12 regular payments. This totals out to be an extra FULL payment every year without you feel a huge pinch in your budget.
I do think it takes a little more effort to budget on an irregular income as opposed to a steady income, but it’s worth the effort to gain peace.
What about you? Do you have an irregular income? What is your strategy?Read More
It's the dream, right? To be debt free. To be at peace with your bank account and to not worry when the next emergency will turn into a crisis.
It's been three years since our family officially became debt free. I am not going to lie. At times, it felt tough. And then it felt freeing. That's the only way I can describe it.Read More
A few years ago my husband and I made the decision to pay someone to do our taxes. Honestly, I don't know why we waited so long to start doing this. The process went by so much more smoothly, it was less stressful and we felt far more confident we were doing things correctly.
So why did we reach the decision to start paying someone to handle this for us? Well, there are a few reasons.Read More