I had a financial epiphany today.
Due to the tax man taking all our money, we were forced to talk a long, hard look at our spending over the last few months. Realization: we spend WAY more money than we make. Um, duh. Like a lightening bolt, it hit me. If I want to do fun stuff (like eating out), something has got to give in another area of our finances (like less shopping)… or I will overspend. BADLY. Guess finances is kind of like healthy eating in that way. It’s all about balance and moderation, huh? In every area of life.
I’ve written numerous times on the blog how I don’t really know how to manage our money very well. Well, I KNOW how, I just don’t actually do it.
The Husband and I took a few hours out of our work day to sit down and get honest about our finances. We created a detailed budget (that I actually believe we can stick to). I insisted we budget in fun dinners out (once a week) and allowances because otherwise I KNOW we’ll break the budget and then it will all go to hell. It’s kind of like going on a diet and swearing you’ll never drink or eat dessert. It’s just not realistic. I’ve just got to shop in moderate portions. 🙂
Does anyone else out there actually budget? Help!
Due to the personal finances fiasco, I skipped all official workouts today, although I did walk James for about 25 minutes. We walked at a pretty brisk pace! It was nice. 🙂
Maggie just ate:
And dinner was kind of random…
I made an eggplant and zucchini bake by combing several layers of sliced eggplant and zucchini, bread crumbs, and pasta sauce in a casserole dish and baking at 375 for 30 minutes.
It ended up tasting pretty good!
With a piece of toast and beans:
Going to massage the budget a little more!
Jason and I model our budget after Dave Ramsey’s plan — he wrote Total Money Makeover and his plan has been a lifesaver. While using his tips we have paid off over $30,000 in credit card debt in less than a year. Right now we are building our savings using his same techniques.
I can’t recommend his technique enough!