A study of Harvard graduates showed that those with with written goals achieve more than others.  Some words from Dave Ramsey:

Your budget is a written goal for your money.  People who win at anything have written goals.  Goals are what you are aiming at.  Your money won’t behave unless you tame it.  You need to have a budget for every month.  Spend every dollar on paper before the month begins. Give every dollar of your income a name before the month begins.  This is called zero-based budgeting.  Income-outgo=exactly zero.  Match up every income dollar until you have given it an outgo name (this includes savings).

We have learned the importance of saving for rainy days and having an emergency fund.  We are trying to live a debt free life, even with two house payments.  (Yes, it still hasn’t sold!)

How is your budget?

image from daveramsey.com

Post from: Thrifty Mommy