You understand that you might need a budget to get your finances on track, or to repay your debts, or meet your financial goals. However, it is possible that your spouse might not agree to this. How do you plan to convince him/her? Besides, if you spouse agrees, how do you plan to get him to stick to it? I am not very sure about the percentage of divorce taking place to due financial imbalances and disagreements. But this is certainly one of the most common reasons of frequent fights among couples. Therefore, I would like to cover few points that may help you convince your spouse to take active interest in your budget and financial decisions. Realize the Importance of Budgeting If you are living from paycheck to paycheck, budget is one of the rarest things that can come to your rescue. You  [...] 

I have explained the importance of personal budgeting numerous times in previous articles. This time, therefore, I wouldn’t repeat it all over again. If you haven’t created it yet, all I can say is, you must get one quickly. Budget software definitely helps to make the process simpler. However, this is after assuming you are proficient at both: Using such software and budgeting. But, this isn’t the case with most people. Most applications are difficult to use; besides, they are costly too. Instead, you can use Google Docs for your personal budgeting. Why Should You Use Google Docs to Manage Your Budget? 1.    Customization With the help of Google Docs, you can customize your budget spreadsheet. Whether it’s a complicated budget you want or a simple spreadsheet, you can get it done  [...] 

I have written enough articles on budgeting, frugal living, money saving, and so on. However, I guess the problem is not lack of solution, but the addiction to living a luxurious life. Most of us want to have luxurious amenities in our house, even if we have millions to repay within a month. Do we really need budgeting tips? I fail to understand why people are reluctant to live a frugal or an economical life? Either they want to maintain certain reputation in the society, or they are too busy elimination extras from their life. It seems like the world is competing to become a superior planet. Uhh.. not very sure about the world, but Americans definitely are. However, while competing against each other to prove ourselves superior, we fail to notice the consequences of this race. We are all losers.  [...] 

We set financial goals but we usually don’t have a budget. What’s the interrelation between the two? Budget is a tool that helps you manage your funds effectively to achieve your financial goals quickly. If you ignore it, you are ignoring your goals. People are scared of budget; another trait I have noticed lately. There is nothing to worry about. If you don’t know how to get started or it seems difficult, my article is here to help you, if not me. Before we get started with 5 simple tips on budgeting, I would request you to jot down fixed monthly expenses like rentals, mortgage, car payments, insurance, and so on. Next, list down how much money you utilize in a month, including all bill payments, shopping, habits, and so on. Once we have this information in place, we will get started  [...] 

Most people crib about money everyday. They say, they don’t have enough money to meet their expenses. Either they aren’t looking at several options available to them, or they have simply decided to ignore personal finance. Personal finance budgeting is a tool that can help every individual to manage finance effectively. Oh, and another excuse people make to avoid it is, ‘it’s very complicated’, or ‘it involves lots of paperwork man, I can’t do it’. Mere excuses, I say. It’s very easy to get started with it. If you are, however, not aware about the advantages of having a budget, you would ignore it at any cost. Therefore, let us have a look at how it can alter our lives. We have money coming in, but we don’t know where it goes. One of the best advantages of personal finance  [...]