As a foster parent your life is already pretty hectic. Money problems will just add more stress to the craziness. In today’s article I’ll cover 5 reasons you may be having money problems and what you can do about it.
Foster parents have plenty to worry about. Trust me, I know. My wife and I were foster parents for 6 years. Take one more worry off of your list by using one of these online budgeting tools to simplify your personal finances.
As a foster parent your income can change from week to week, or from month to month. It’s critical that you learn how to budget on an irregular income. The monthly stipend you receive for each child in your care comes and goes as they come and go. To add even more complexity, maybe you have a side job. Or maybe you’re working a job that pays commission. This can be a little tricky in your budgeting. [Read more…]
Learning how to plan a family budget can be a challenge, but it does get easier over time. The key is to be persistent and keep trying. Also, keep it simple. You can add more detail later if you want to.
There a seven basic steps in creating your family budget
Step 1: How much money do you make?
Step 2: Set some simple financial goals.
Step 3: Where do you spend your money?
Step 4: Categorize your spending into categories.
Step 5: Allocate your take home pay into your spending categories.
Step 6: Monitor your spending.
Step 7: Compare your spending to your budget and adjust if needed. [Read more…]
Learning how to talk to your spouse about money can be a challenge. Over the years my wife and I have shed tears and worked through a lot of frustrations as we figured out the dynamics of money and relationships.
In today’s article I’ll walk through the six principles we’ve learned that are necessary for a successful family budget: [Read more…]
Are you frustrated and struggling with your household budget? I’ve been there. It can be difficult. In today’s post I’ll provide a summary of my household budget for this past year. Hopefully, this will be a reference for you to help with your budget.
Are you looking for tips for buying a house when relocating to another state? In today’s post I’ll give you some practical advice based on my own experience with multiple home purchase.
It’s Been A Wild Ride!
Amy and I have been married for nearly 19 years. In that time we have lived in four apartments, one rental house and bought five different houses! Needless to say we have moved a few times and went through the home mortgage process a few times. I have spent my career in various corporate management jobs ranging from engineering, product problem resolution and new product development project management. I have moved up the corporate ladder over the years and this has required us to move around some. Our last two moves involved moving to a different state.
This is a guest post by Dr. Jason Cabler from the Celebrating Financial Freedom blog at cfinancialfreedom.com.
Sometimes trying to manage your money can seem like an uphill battle. If you want to manage your money well, one of the best things you can do is to learn to simplify the process to make it more understandable.
Even though it may seem daunting to simplify your finances, you certainly don’t have to have a Master’s in Accounting to keep your money well organized and making sense.
In the post below, I’ll give you a 6 simple tips for getting more organized, and I’ll introduce you to a brand new resource you can use to change your financial life forever.
Have you ever started a do-it-yourself project without really knowing what you’re getting into?
I’m a guy and I can tell you guys are notorious for this. You let your BIG GUY EGO convince yourself that you can figure it out. Usually this comes with some unintended consequences.
Back in April of this year my wife and I decided we should build a treehouse for the kids. It’s something we’ve always wanted to do. I don’t think we were on the same page when this project started.
She was thinking small… I was thinking BIG!
What about the cost? Here are some household budgeting tips I learned from building a treehouse.
I’m in a unique place in my life. I’m blessed to have 4 kids and a beautiful wife that I love very much. Saturday I spent the day outside in the woods working on the tree house. Cutting cedar boards to trim out the windows and making a gate for the tree house deck. I also helped my wife, Amy, pick up some brush in the woods to be burned. This helps to keep the woods around our house clean and looking nice. The weather was awesome and I really enjoyed the day. I finished the day by watching my 11 year old son play football. This all sounds pretty normal for a Midwestern family on the brink of fall. What’s so unique about my life right now?
Today’s post is my first Reader Question Round-Up. I’ll be answering only one, but very important question. The question was posted on the Household Budget Coach Facebook Page. Feel free to Like the page and post your questions for the next Reader Question Round-Up.
Here’s today’s question from one of my readers: