Money Management Archive

7 Types of Personal Budgets

I’ve been an avid personal finance reader for some time. Whether it be books, blogs or magazines I feel like I’ve read it all. When I started my first budget in 2011 I kind of did my own thing. Since then I’ve learned all about the different types of personal budgets. Lately I’ve touched on quite a few budgeting topics. Whether it …

Where to put my emergency fund?

Where should I put my emergency fund? Yes, the age old question. If you are anything like me that emergency fund represents so much. Its a source of income if I were to lose my job. Its confidence knowing that I can cover a new set of tires or brakes for my car. Its even heat in the winter knowing I can …

How much house can I afford?

Your monthly budget is so important. As I evaluate mine each month I look at the big rocks and think, how could I lower these? Sometimes thats easier said than done but I’m constantly thinking that I need to avoid big expenses. The biggest expense is nearly always your mortgage. The question is “how much house can you afford?”. Right now those …

Utilizing focus to avoid overspending

Warren Buffet and Bill Gates once got together (I know kind of crazy right) and were asked the key to their success. Each of them, independently, said focus. Does that make you rethink all the little things you’ve been chasing as of late? If two of the wealthiest individuals in the world both believe that focus is the single most important ingredient …

The Best Budgeting Tools of 2019

Before you dig in I wanted to let you know I’ve put a super quick summary of the post at the bottom. Just scroll down and look for “TLDR Summary”. I’ll be honest. I’m the weird guy that’s been attempting to do a budget since he got out of college. My system today looks so much different than before but I’ve just …