Not to rain on your budget, but it could be so much sunnier. We all spend too much one way or another. Invite a little sunshine into your finances by reducing your expenses.
Getting through the month within your budget can be a struggle. Living within your budget doesn’t always have to be so tough and the way to simplify it is to compare your performance and adjust both your expectations and your behaviors on a regular basis.
Sometimes when you find yourself in a hole, you really should stop digging. Even if shovel after shovel is being handed to you.
Financial stress comes from a lot of different causes, but getting rid of that stress is rarely accomplished by finding more money to throw at the problem.
Do you want to budget or are you satisfied with just knowing you have money in your bank account this very moment? Find out just how you much control over your finances you can have by proactively budgeting and tracking your purchases with Mvelopes.
When expenses are higher than your income it means several things.
1. If unchecked, you’ll be creating debt once your savings cushion is gone.
2. Because of No. 1, your present situation is unsustainable.
3. You can change it for the better, before the worst happens.
Budgeting and the Olympics don’t often go together, especially since every modern Olympics has gone way over budget, but there are things we can apply to our financial lives from the past few weeks in Rio de Janeiro.
Your budget is nobody’s budget but yours. While plenty of people may be making the same or similar amounts of money, no one spends it exactly the same way. We all have different priorities and are all at different points in our lives.
You're looking at 25 envelopes all with $0 next to them. Another envelope, the Income Cash Pool, has all your money. It only takes a few minutes to get from that point to tracking your purchases and keeping to your budget. But it can be a harrowing few minutes for anyone, especially if you just started your Mvelopes account.
For the first time in 130 years, adults age 18-34 are more likely to be living at their parents' home than in their own home with a spouse or partner. The margin is only 32.1 percent to 31.6, but we haven’t been in this position for a long time. Men are more likely to be at home 35 to 28 percent of the time, while women are currently living more on their own at 35 to 29 percent.
If you’re now back at home, take advantage of your time by preparing for the day when you will be able to leave in good financial standing.
Do you feel like it's time to take a vacation? Now is always a good time, but what we really want to know is “Have you been budgeting for it?”
Being able to enjoy a trip to some exotic locale or the cabin down the road is much easier when you’re not worried about where the money is coming from or juggling credit cards for all the fun you’re trying to have.