Piney Woods Homeschool
Monday, June 18, 2018
Budgeting Basics - Step 9 - Envelopes
When you budget based on your annual income and expenses, using an "envelope system" can work to your advantage. You have p...
Budgeting Basics - Step 8 - Big Picture
Why should you base your budget on your annual pay rather than budgeting around each individual paycheck or month? Many expenses are ...
Budgeting Basics - Step 7 - Allocating the Surplus (Margin)
When you have a realistic list of income and expenses that has income higher than expenses, you next need to allocate that extra income. ...
Budgeting Basics - Step 6 - Adjusting
When you completed Step 5, you had an estimate of your annual income and outflow, how much money you bring in and how much goes back out ...
Budgeting Basics - Step 5 - Total Expenses
Now we add up our numbers, all the amounts we put into our flexible categories plus the amounts we previously listed for regular bills an...
Budgeting Basics - Step 4 - Other Expenses
We've figured out how much we have coming in, and we've recorded all our regular bills that we're committed to spending. ...
Budgeting Basics - Step 3 - Bills
Find every recurring bill you have. * If the amount is the same each time you pay, then one copy of that bill will do. Car payments, m...
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