One of the hardest things to adjust to as a stay-at-home mom is surviving on one income. I’ve never really been great at budgeting. I have been able to become disciplined about not spending money on frivolous personal purchases (e.g. shoes!) or things that the kids and I just don’t need, but I still really struggle with budgeting.
I’ve heard that there are some pretty great online tools and apps like Mint, but I can’t bring myself to consolidate all my critical financial data into a single-source for a potential hack despite all the wonderful things I’ve heard about their electronic security.
And, despite all the different books I’ve read and forms I’ve downloaded (i.e. Suze Orman and Dave Ramsey‘s online), I’m just too busy not disciplined enough to regularly update all those spreadsheets.
So, here’s the system that I’ve come up with. I have this Bill Payment Schedule / Recurring Expense Tracking spreadsheet inserted in my Homemaking Binder and twice a month, when I sit down to pay bills, I put a check mark on each item as I pay it. If there are items on it that don’t necessarily need to be paid, like Savings, I just make sure that I have enough in the checking account to cover that month’s contribution. It isn’t a perfect system but it works for me at this stage in my life. To consolidate my Emergency/Moving information I also added 2 fields on the spreadsheet to include the account number for each item and contact information.
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Posted in Free Printables
Tagged budgeting, Free Printable, home management, money management