Comments on: How to Make a Budget That Actually Works!

By: Welilia Warren

Welilia Warren — Sun, 22 Sep 2019 05:58:51 +0000

I really enjoyed reading this, I never understood what a budget was, how to create it and what from. Appreciate your time taken to write this up to help people like myself. It has broken down the walls of uncertainty for me, I now know a budget can be created and is quite easy just as you have stated I will begin to try this out and I hope it will work for me, I am not a person who gives up on anything easily so if my budget needs adjusting I’ll adjust it.

By: Ana Perez

Ana Perez — Mon, 14 Jan 2019 04:26:49 +0000

Loved the article. So practical! I just had a budgeting class at my church. This article points out boldly our rebellion and consequences as well as ways we can make it. Loved it. Thanks!!!

By: Jeff Rose

Jeff Rose — Fri, 03 Mar 2017 02:09:36 +0000

In reply to FIscovery. It might help if you can create mutual savings goals. In that case, it won't be as much about restricting spending as it will about reaching the goal. It's a more positive way to reach the same outcome. Good luck!

By: Jeff Rose

Jeff Rose — Fri, 03 Mar 2017 01:42:18 +0000

In reply to Rachel @ The Latte Budget. Hi Rachel - The other thing an emergency fund does is keep you from panicking! That can happen when you're budget is tight or when you get hit with an unexpected expense. Keeping control of your emotions is a big part of managing a successful budget, and an emergency fund helps you to do that.

By: Meg

Meg — Mon, 27 Feb 2017 17:20:19 +0000

Wonderful post on the budgeting world! Another great tip to help people is to know that your budget plan is not going to be the same as everyone, as everyone has different wants and needs.

By: FIscovery

FIscovery — Fri, 24 Feb 2017 02:59:25 +0000

Hi –

I would love to budget, but tell me, how do you get a spouse on board? I don’t want to misrepresent, and she is very good about spending, but she does not want to be restricted or watch and track every penny that goes out – thoughts? Thanks!

By: Rachel @ The Latte Budget

Rachel @ The Latte Budget — Tue, 21 Feb 2017 13:51:50 +0000

Wonderful post! The emergency fund is what really stuck out to me. You can’t stick to your regular budget without an emergency fund, but people tend to not see the value in taking time to build it, when they could put that money towards other things. An emergency fund has saved me so many times and it has kept me from ever having credit card debt.

By: Brittney @ Life On A Discount

Brittney @ Life On A Discount — Fri, 05 Jun 2015 00:18:55 +0000

A lot of great points about budgets in this post. We have actually found that “budgeting” doesn’t really work for us in the traditional sense. Instead, we creating spending plans each month where we pre-plan our expenses and adjust where necessary. The majority of our monthly expenses are fixed and anticipated. We also consistently allocate money to an emergency fund and our ROTHs/401ks.

Our method isn’t for everyone, but going this route has allowed us to go from saving very little to stashing away 20% of our income (not including retirement) each month for the past 3 years.

By: SimpleRyan

SimpleRyan — Thu, 04 Sep 2014 11:09:17 +0000

Ahh…the dreaded “B” word that everyone hates but NEEDS in their life.
It’s kinda like exercising – most people hate to do it, but they know that it will keep them healthy and live a longer life. 🙂

I think that if people looked at budgets differently, then they would work better. Meaning – look at a budget as something that tells you HOW you get to SPEND your money, not something that is restricting you telling you how you CAN’T spend your money.

This will help to remove some of the frustration people have with budgets.

I also think that you should always have a plan for your money. Always. Irregardless of what is going on in your life. Life is not perfect. There will be some moments in your life where you’re going through all hell, and during those moments it’s good to know that you’re money already has a plan.

Keeping a budget during those times will help to ease off the financial stress and will help you to sleep better at night. Also – when you get through that storm, you’ll be better off in the end because you didn’t go spending money you didn’t have all willy nilly to make you feel better

By: Anton Ivanov | Dreams Cash True

Anton Ivanov | Dreams Cash True — Thu, 16 May 2013 21:11:31 +0000

I would add that the couple needs to start thinking about debt repayment if they have any debt as well (perhaps student loans?). I also recommend people build up a separate savings fun for upcoming future purchases (such as a new car, vacation, etc.).