Don't forget to budget for life

Don't forget to budget for life

We budget for groceries and our electric bill. But how often to we budget for life? Oh and life happens. A lot of life happens. And sometimes all at once. 

Last week we had a big batch of life thrown right at us. When I took Isaac to his 2-year check up a few weeks ago the doctor heard what he thought was a small heart murmur. He ordered an echocardiogram just to double check. 

Before we go any further, everything turned out fine. Isaac does not have a murmur. 

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Why you need a sinking fund and how to start one

Why you need a sinking fund and how to start one

There are certain expenses you cannot plan for, an unexpected death, a debilitating illness, a car crash. But there are some expenses you can prepare for. 

You know eventually you will need a new car. 

You know that your home will need a new bathtub, new fridge or (in what we're dealing with right now) a new roof. 

That is why you need a sinking fund. 

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Why I don't make my own laundry detergent (and other things I am not doing to save money)

Why I don't make my own laundry detergent (and other things I am not doing to save money)

Nope. I don't make my own laundry detergent. Or my own bread. Every now and then I might make my own tortillas  because they taste amazing, not because they save me money. 

Here is my opinion. Sometimes things save you a lot of money, but that doesn't mean that provide you a good value. 

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That time I got a free iPhone: Saving money by waiting

That time I got a free iPhone: Saving money by waiting

We live in the time of instant gratification. If you want something you can usually access it immediately or within a couple of days of deciding you need it. 

Deciding to rid yourself of the desire for instant gratification is a huge part of getting out of debt. But it will also be a key factor in the process of living on less than you make. 

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How to make your first budget

How to make your first budget

Let's be 100 percent truthful here. The word budget doesn't exactly conjure up warm and sunny thoughts. It sounds boring. There, I said it. It just sounds boring. 

I think the idea of living on a restrictive budget that is going to limit fun just makes people NOT do it. But actually a budget is freeing. 

First you have to get started. It doesn't have to be a complicated process. 

Grab a piece of paper a calculator and a pencil. 

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Where is your money going?

Where is your money going?

Yesterday we kicked off "30 Days to Get Started." This week we are focusing on getting out of debt.  Yesterday we discussed facing your debt number head on

If you followed yesterday's lesson and you sat down and wrote out every piece of debt you had, that number might be a little overwhelming.

Today we are going to talk about tracking where your everyday dollars are going.

Having a list of where your money is going, of where your spending your hard earned cash, is like a black and white picture of your priorities.

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