What a month we’ve had, discussing all of the different parts of financial organization.
Balancing the in-come and the out-go can be a tightrope but with a little planning and organization it can all come together.

In addition to the great workbook in my library (sign up below for access), I also want to make sure you see these
printable PDF files on Etsy!
All about Budget Planning
- In-come versus Out-go: The most basic budgeting rule is to make sure that the out-go does not exceed the in-come.
- Fixed and Flexible Expenses: Some expenses are non-negotiable such as the mortgage but many are flexible in the sense that they could be managed differently.
- Spending Tracking: Tracking the incoming and outgoing dollars for two or three months to truly see your money is doing.
- Debt Reduction: The key to reducing your debt for good is bit by bit. Rarely do we have a huge cash influx in order to make a big dent.
- Saving Tracking: Having a plan goes a long way to being successful at truly saving money.
More about Expense Tracking
- What are your largest expenses? Take a look at your biggest expenses first before addressing the smaller ones.
- Where can you save money on outgoing expenses? Sometimes it isn’t about the big savings, it’s about the little ones such as a $5 coffee here or a $10 lunch out there.
- What do you want to use that savings toward? Keep your goals in mind in order to keep yourself on track!
Time to talk about Debt Reduction
- The bottomless well — The list of potential debt can be as long as a CVS receipt. It adds up one charge at a time until you’re underwater completely.
- More than the minimum — Even if you can only afford an extra $10 per payment, it will add up.
- Self-fulfilling cycle — The more debt you pay off, the more money you will have to put towards other debt.
How about Savings Tracking
- Where will the savings come from? Even setting aside just $10 per paycheck can add up towards your savings goal.
- What are your savings goals? Speaking of which, don’t forget to set that goal! It will help keep you on track.
- What will keep you motivated? There really isn’t an immediate payoff to a savings goal so make sure you figure out what your true motivation is.
Sign up below to get your workbook from my library,
to help you work through everything we’ve discussed this month!