tag:blogger.com,1999:blog-4254441750897952230.post6763869327684122876..comments2024-02-12T04:24:24.102-06:00Comments on natalie creates: how we budget: an overview of our budgeting tools & tipsNatalie Freemanhttp://www.blogger.com/profile/02163145877344840630noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4254441750897952230.post-81812647932725119332015-07-31T14:15:23.989-05:002015-07-31T14:15:23.989-05:00Natalie,
I'm setting up my system and am wond...Natalie, <br />I'm setting up my system and am wondering....<br />Where does thrift shopping/yard saling fit in? Do you have a separate envelope for that? Or do you use whatever envelope may correspond to what you are purchasing? {For example, a lamp would come out of the household envelope, etc.}<br />Thanks!<br />BethBethnoreply@blogger.comtag:blogger.com,1999:blog-4254441750897952230.post-40249513679976404002015-04-16T07:52:32.830-05:002015-04-16T07:52:32.830-05:00I would also love to see your excel spreadsheet! J...I would also love to see your excel spreadsheet! Just a blank one would do; no money amounts, just the categories, etc.<br />Thanks for sharing so much of your lives with us!Bethnoreply@blogger.comtag:blogger.com,1999:blog-4254441750897952230.post-30540294755761935512015-04-15T14:29:17.035-05:002015-04-15T14:29:17.035-05:00Thank you so much for this. It was really informat...Thank you so much for this. It was really informative and I am going to use your tips to create a budget for myself. I've been going through some financial difficulties lately and had no clue where to start. This came at the perfect moment. Thank you!Anonymoushttps://www.blogger.com/profile/17280533862622008776noreply@blogger.comtag:blogger.com,1999:blog-4254441750897952230.post-23254526576147850542015-04-15T11:28:46.091-05:002015-04-15T11:28:46.091-05:00I love all things Elizabeth Warren, including the ...I love all things Elizabeth Warren, including the 50-30-20 Budget she developed with her daughter awhile back. It has given Bill and me a lot of freedom from tedious accounting systems. We have our savings on autopilot (and we've been lucky to save more than the recommended 20 percent). We keep our needs below the 50% mark to compensate for extra savings. The rest of the money is for fun! This has really helped our relationship, since someone in the household...ahem...can get a bit miserly. That would be me, and I'm in charge of finances. Grinch be gone!!<br /><br />From http://www.gobankingrates.com/personal-finance/senator-elizabeth-warren-50-30-20-budget-rule-save-pay-off-debt/ <br /><br />The 50-30-20 budget divides up your after-tax income, or net pay, into three categories. Essentially, your paycheck is portioned out as follows:<br /><br />50 percent for needs: Needs include any expenses you cannot forgo in a given month, like your rent, groceries, and minimum payments on credit cards, mortgages, and auto loans.<br />30 percent for wants: This might be about the most surprising part of the Elizabeth Warren’s budgeting rule, as a greater portion of your income is allotted to “extras” like going out to dinner or a concert.<br />20 percent for savings and debt: Interestingly, for many first-time 50-30-20 budgeters, saving money and paying down debt — which so many personal finance experts emphasize as a priority — takes the smallest portion of the cake. In addition to growing savings for an emergency fund and retirement, this section also includes extra payments toward debt.Jillnoreply@blogger.comtag:blogger.com,1999:blog-4254441750897952230.post-73509397414923415332015-04-15T09:11:05.176-05:002015-04-15T09:11:05.176-05:00Would you be willing to share your excel spreadshe...Would you be willing to share your excel spreadsheets?? I'd love to see the functions/formulas you use, as well as your layout. I've created one for myself but it's not that great :/ I'm new to excel!Laurenhttps://www.blogger.com/profile/16251752719833005813noreply@blogger.comtag:blogger.com,1999:blog-4254441750897952230.post-20773449508612236672015-04-15T08:44:05.631-05:002015-04-15T08:44:05.631-05:00Thanks for sharing! We do almost all of the same t...Thanks for sharing! We do almost all of the same things, except we no longer do online tracking because I just balance the budget once a week. Other than surprise expenses (like car trouble and dental procedures), it's worked for us! It's nice to hear it come from someone else... Affirmation that we're on the right track. Also, excel is the bomb. <br /><br />Sarah Anonymoushttps://www.blogger.com/profile/13408183546741850660noreply@blogger.com