Long-Term Budgeting (Part 3 of the Taming Your Money Series)

Preparation

Now that you’ve finished the first two steps (if you’re new to this series, please start at the beginning), recording your finances and budgeting, we are ready to start thinking of those oddball expenses that don’t happen every month.  Your normal budget is excellent at helping you control your money from month to month.  You have a decent idea how …

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Written by Matt on October 24, 2008

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Budgeting (Part 2 of the Taming Your Money Series)

Preparation

Now that you’ve got a bit of history on your spending (you did start to record your spending, right?), let’s start working on a budget.  Yes, I said it, that nasty ‘B’ word!  Budget has such a nasty connotation to it, but it really isn’t a bad thing.

It’s always a good time to start a budget.  I actually made my first real budget in the middle of my layoff (and you wouldn’t …

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Written by Matt on October 6, 2008

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Controlling Your Financial Life by Recording Your Money (Part 1 of Taming Your Money Series)

Why is this step important?

I spent my 20’s not paying much attention to my finances.  If I needed something, I’d put it on my credit card without a thought.  My wife and I both had good incomes, our mortgage was low, I never even considered that I was slowly digging myself deeper into debt.  When we had a child we lost my wife’s income and suddenly it hit me…  Where did all my money go?

When I took a hard look at my …

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Written by Matt on September 29, 2008

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Series: Taming Your Money (Introduction)

The main goal of this blog is to help others learn to tame their money.  Starting today, I will be posting what I’ve learned on my journey and try to share what I can to help others along.  I hope that you will comment and ask questions.  This is going to be a positive place where we can encourage and help each other along this journey, and I am glad that you are coming along on it.

I know my journey …

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Written by Matt on September 29, 2008

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