A budget is an important commodity to have in your journey towards a debt-free life. It’s even more important to write that budget down with a pencil and paper to ‘mentally engrave’ the figures in your brain.
I use pencil and paper myself to scibe down my budget (see Tools of Success). And I have an excel spreadsheet to back up that data. Then yesterday, I imported all the figures into Mint.com‘s Personal Finance Website. I do love the layout and how easy it process all my figures. I only wish Mint allowed you to budget for a single Cash Account; as I only use one account for budgeting. The other is my bill pay account and then I have a summer savings account.
Enjoy today’s articles where you can dream about the jobs you would do for free, how to deal with a financial catastrophe, preparing for a yard sale, save money on purchasing a home, inspiration for getting out of debt and writing a budget.
Financial Samurai: The List of Jobs I’d Do For Free Baby! I’d have to content with Sam, the Food critic for Michelin and English Teacher in a non-English speaking country would be nice. At one time, I actually contemplated the latter. Why, come to think of it Austin from Foreigner’s Finance is doing just that!
Eliminate the Muda!: The Hitchhiker’s Guide to Dealing with Financial Catastrophe has sound advice, especially with “Commit Yourself”. Commit to your financial responsibility to make it out of the catastrophe.
WiseBread: 7 Mistakes that Can Ruin your Yard Sale offers advice how to optimize your yard sale. I always have stuff to get rid of, but not enough to want to host a yard sale. How to fix my dilemma? Pair up with the neighbors! Oh ya, and make a killer Yard Sale sign that one can read as they are driving by!
Little House in the Valley: Recycled Houses…Alternative Living features 3 different ways to save money on purchasing a home. I love watching HGTV feature a house that was built with recycled materials; like using wood from an old barn.
Consumerism Commentary: Smithee Debt Update, Mid-May 2010… I enjoy Smithee’s journey towards debt-freedom and building Net Worth. Its a great read for inspiration.
Deliver Away Debt: Wrote about Stop using a Credit Card, Write a Budget. I couldn’t agree more. If you are not financially savvy, get away from the credit card habit and write your budget down with pencil and paper. The process actually works to make a solid mental note about what needs to be done. Don’t rely on the computer. That’s only back up.