Household Savings

Household Budgeting

Budgeting is an important part of running a household. A lot of people don't budget at all. They simply pay what they can and whatever is left over they spend as they please without a thought to putting something aside for a rainy day. These pages are designed to help you change things. Tips and tricks, advice and user friendly tasks to help you put a little more aside than you have until now.

Here's a little tip for every wanna be budget minder:

I get paid twice a month, around every 2 weeks, so on payday I take out my budgeted grocery, and daily spending cash, and put them in envelopes. One for grocery money, and split the rest in 15 envelopes. One for each day until next payday.

Every morning I get that days envelope, and take out the money. If I don’t spend the money, I hold on to it, and add it to the next day, or put it in my “fun” envelope.

If I want to buy something, but don’t have enough that day, I hold off, and try to spend less the next couple of days until I have enough.

What I used to do was take out my weekly, or biweekly, budget and keep it on me. This led me to spending WAY too much early in the week leaving me to struggle later in the week, and usually take out some more money to compensate.

So my tip: 1. Keep to a budget of course, and 2) space out your budgeted money so you don’t FEEL broke near payday.

I find this keeps my spending far lower than it used to be.
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