Articles on Budgeting

Price adjust - your big, fat shopping safety net.

My wife and I never worry about buying something with the fear that it may go on sale. And there's a good reason for that. It's called the "price adjust" and it's an almost ironcla

Choosing Between Apples and Oranges

My family lives a fairly simple lifestyle. We live in a rural area, drive older cars, and rarely go out for dinner. But we also like to enjoy life. Given that we know approximat

Live Like There's No Tomorrow

Two weeks after my husband had gotten a glowing performance review and his manager sent care packages for all our of our kids, he was told over the phone at a client meeting that h

Debt repayment is not an expense

Over and over again, in budgeting articles and even books on personal finance, I see sample budgets that include debt repayment as if it were an expense. This shows a fundamental

Your budget: envelopes or a plan?

When I was first introduced to budgeting, the model used was the envelope method. Every payday you'd take your cash and divide it up among envelopes labeled "Rent," "Groceries," "Electric Bill," etc. [more]

Plan for expensive fuel

Does your budget include a contingency for fuel to get much more expensive? Because it ought to. I learned about the need for contingencies early. [more]

Start with recurring monthly expenses

I tend to divide spending up into four categories. [more]

A Budget is Not a Constraint

When people resist the idea of budgets, the most common reason is that they view the budget as an unwelco

The Financial Balancing Act: Musings on Balancing Being Responsible with Having Fun

Sometimes, balancing debt (or staying out of it) with fun things we really enjoy brings up hard questions. [more]

How to live on $12,000 a year

In my first job out of college, I was on 12,000 English pounds per year. That was back in London in 1996, i was single, lived with two friends and only had rent and travel to pay for. And I still remember how tough that was. [more]

Ponder it: to budget or not to budget

Some of us need or want a budget, some of us don't. Here are some tips for deciding which category you're in. [more]

Budgeting for the rest of us, or How to follow a budget without breaking down in tears

Budgeting can be difficult. For some people (like me!), it brings up things that they may not want to see. For others, it's a necessary but frustrating tool to curtail spending, or a painful reminder of how much they overspent, yet again. [more]

Balancing Act: The Perils of Budgeting

Tackling a budget requires you to do one big thing with your finances — find the balance.

SNL Financial Advice: Don't Buy Stuff You Cannot Afford!

Sometimes, the best personal finance lessons come in the least expected places.

Frugal is More than a Way to Spend Money, Part 2

Frugal is a way of life — are you spending too much, or too little?