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| Spring clean more than your house |
Good financial practice means that family budgeting should be something you already have
under control. You should know exactly where your household money comes from,
where it goes, and that all of your financial priorities and goals are being
met. How old is the budget that you have
created? 1 year, 2 years or even
more.
When my husband and I were in major debt
payout mode, we would have a monthly budget meeting. Now that we are debt free, we have gotten
lazy and should look at it more often Although you might think that your money are working at the best they can, if you
haven't taken a look at your budgeting for the past year, the chances are that
your budget could use a spring clean. Gas prices increases . Income from a job usually changes over the course of a year
whether because of salary increases, or income tax changes. Grocery store prices fluctuate making your food
bills higher now than they were when you
set your budget in place. So unless your budget was made in the past few months ,
it's probably time to dust it off and take another look at it.
Spring cleaning your household budgeting isn't
just about ensuring that your finances are up-to-date however. If you are on a
tight budget it's also a great way to motivate yourself into sticking within
the financial boundaries you've set. Seeing the outstanding balances on your
debts decrease is a surefire way of re-igniting your passion for your budget!
So don't let your budget stagnate. Make sure
you schedule a time at least once a year for a financial spring clean just to
make sure that your finances are working for you, and that your family’s budgeting
plan is on track for a good financial future.
Do you spring clean your budget?
Do you spring clean your budget?
2 comments:
Ineed to spring clean ours...gas prices are going up along with grocery and pretty much everything else I seem to e coming up short
Thanks stopping by April.... I know the gas prices are really making me redo the budget.
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