At this time of year my mind becomes a mixture of 1) my hopes and dreams for the New Year ahead and 2) the practical, financial side of these hopes and dreams; I face a constant battle to keep the two in step!
For 2011 I’m trying to do a budget that allows us to save for the future, complete our house renovation and also have a little fun on the way….it’s not easy. On any given month I can feel extremely frugal or extremely spendthrift. I never seem to find the middle ground, so I set guidelines and use a system that work for me.
The system that works well for me, and the one that I’m using for next year, is the cash only jar system. Using this, alongside a budget [guideline] really helps, and means that I never stray too far. An empty jar is a good visual reminder if you’ve overspent.
Let me know, have you found a budget system that works for you?
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{ 2 comments… read them below or add one }
Not really. I just look at everything before I buy it and think Do I REALLY need this? Or, in 2 weeks time will this just be sat on the shelf/in the cupboard etc?
That normally helps
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Great post, I may try this jar method. I think it will be a good visual for me. Just found your blog today, great site. Thanks!
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