I remember the feeling of feeling so helpless and confused when we would yet again overdraft in our account or reach that dreaded $0 in the bank. It felt so defeating. Every single month I would try so hard to do better, but it was like I didn’t know-how. Sometimes I felt confident that I was keeping my family on track with our budget and then I would check our account balance to find that we had no money left. I had kind of learned how to budget and did my best to always pay our bills but it seemed like after that the money just fell into a bottomless void of despair. The worst part of is all is that when we feel stuck in cycles like this, we want out but we don’t even know where to begin to get out. So, if you can relate to this at all, I’m here to give you all my best tidbits to help you break the paycheck to paycheck cycle so you stop running out of money every month!
Not to brag or anything, but if you Google cheapskate savings tips I am going to be one of your top found sites. Used to be number one and honestly, I’m ok with losing that title. My post 87 Extreme Cheapskate Hacks held that title for a while and now I’m ready to let it go. Here’s why.
It has been a hot minute since I have talked about budgeting methods and a big reason is, we’ve shifted the way we budget in a big way. Since I was such a proud member of Dave Ramsey’s Financial Peace community, I almost felt a shame after switching my budgeting practice to be a little different than dear, old, Dave’s. However, after walking a friend through how to set up a budget, it occurred to me that I need to share this with more people! Here is a breakdown of the 5 bank accounts we have (trust me, it’s not that complicated) and how we use them to budget less and boost our credit.
I have always been a right brained thinker. Fitting into the mold of public school was never something I did well. After studying for tests, working hard and still barely squeezing by as average, I brushed myself off as a failure. The same held true when its came to managing money. However, I don’t believe having a unique way of thinking should prevent people from the benefits of budgeting. That’s why I’ve compiled this post to dive into the struggles right brained thinkers might face when it comes to budgeting and how to overcome them.
Giving is one of my absolute favorite things to do. In fact, it was one of the biggest driving forces behind why I wanted to pay off debt and get better with money. I wanted to be able to help friends and family whenever they needed it. Whenever I heard about a cause or charity that tugged at my heartstrings, I wanted to be able to give without feeling like I couldn’t. During my journey of working to give more I have tried a lot of unique ways to give anonymously that I want to share with you. Keep in mind, some of these things might cost you $5, some you might want to give hundreds! It’s all up to you and how much you feel compelled to give!
I recently shared on Instagram how I use gift cards to help me budget for fun things that allow me to treat myself on occasion. Things like gourmet coffee, favorite stores, and just fun money in general. Since that post was a big hit, I wanted to dive in a little deeper to share with you how to start using gift cards in your budget and how they can help you stick to your budget and not feel guilty when you splurge.