budgeting

Tagged Discussions

Before the Bills: The 60 Seconds That Shape Your Budget

Ms.Chelle @Chellezhere (6421) • United States 15 Nov

'The Money Minute of the Day' is the very moment your benefit, gift, restitution, inheritance, tax refund, or paycheck deposits and overtime pay ends, just prior to you paying bills and making other purchases, rather than advice...

5 responses •

4 people

Budgeting before earning – my worst weakness

SIDDI KIMPOLE @SIDIKIMPOLE (3480) • Eldoret, Kenya 14 May 25

There is this issue of thinking big a planning how well I will use the money I expect to earn. I even jot down everything in a priority order. But when I get the money, everything seems to turn downside-up. My mind gets better...

3 responses •

4 people

Do you budget for your food monthly or weekly?

B @pitsipeahie (5758) 14 May 24

I usually budget for food monthly because it helps me plan ahead and save money by buying in bulk. But, of course, if we run out of something or decide we want to add something extra, we just make a quick trip to the store. Just...

10 responses •

11 people

The Rule of 5 When Buying a Car

Jim Bauer @porwest (112876) • United States 15 Oct 23

Assets first. Wants and desires second. Of course, that's been a theme of mine for a long time. There are many ways to to this. Here is simply another way to look at it and at least consider one question. [i]Can I afford the car...

8 responses •

9 people

SPAM, No Longer A Poor Man's Meat

Jim Bauer @porwest (112876) • United States 13 Oct 23

Being a frugal guy and with inflation tugging at the purse strings, one always looks for cheaper alternatives to add to the dinner table. So, of course, why not consider an old favorite that sort of got its start as a cheap way to...

16 responses •

15 people

How important is budgeting?

Johh John @Imsorry9 (235) • Philippines 14 Sep 23

Budgeting is essential. It assists you in making financial decisions. It guarantees that you have enough money to cover your basic necessities, such as bills and food. It also allows you to save for items you want, such as a...

1 response •

1 person

Credit Builders

Quilter @fatragu (677) • United States 8 Jul 23

I am trying to build my credit score so I can eventually buy my first home. I am at 501 which is huge for me. A few years ago it was in the 300s. I am already using Self and Kickoff and a really crappy credit card. Does anyone...

Yesterday was Payday

Quilter @fatragu (677) • United States 8 Jul 23

My check actually went further than it normally does because I had overtime on it. I got everything that had to be paid this paycheck paid and have my remaining envelopes in order of importance. In September I get one of those...

3 responses •

3 people

Are you a Spender or a Saver?

Quilter @fatragu (677) • United States 4 Jul 23

I believe there are two kinds of people in this world. There are Spenders and Savers. Spenders have the urge or need to spend every penny that they come across. Savers have that same need or urge but it is to keep as much money...

4 responses •

5 people

How my No Spend months work

Quilter @fatragu (677) • United States 4 Jul 23

July is my first No Spend month this year. For a No Spend month for myself I don't spend any money on anything that isn't in my budget. There are a few rules that I use for myself. If my vehicle breaks I will empty other...

2 responses •

1 person

Soda Savings Challenge

Quilter @fatragu (677) • United States 2 Jul 23

I mentioned that I charge myself $1 for every soda that I drink. Doesn't matter if it is a bottle or a can. The only rule is I can't buy 2 liters, only 16oz bottles and 12oz cans. I have a container and every time I open a soda I...

6 responses •

6 people

I'm a tired person

Quilter @fatragu (677) • United States 2 Jul 23

Almost all the time I am tired. Especially when I'm at work. I work from home so the urge to take a cat nap on my lunch is huge. Thankfully I manage to talk myself out of it all of the time because by the time I fall asleep it...

1 response •

1 person

New Budget

Quilter @fatragu (677) • United States 1 Jul 23

It is now July 1, 2023. How did that happen? When did that happen? I swear it was February last week. I just sat down and finished my June budget and made my July budget. I need to bring home $3,844.33 to pay all of my bills...

3 responses •

4 people

50/30/20 Budget

Quilter @fatragu (677) • United States 24 Jun 23

If you haven't heard of the 50/30/20 budget or you have never had it explained, here is how it works. You get paid and then your money gets divided in the following ways. 50% of your check gets put aside for Needs. Needs like...

5 responses •

5 people

New business idea

Quilter @fatragu (677) • United States 24 Jun 23

Next year I will be opening my online shop and will have a table at some vendor fairs. I will be making and selling all things budget related. Envelopes, fake money, savings challenges, binders, etc. My goal is to make them...

3 responses •

3 people

Payday

Quilter @fatragu (677) • United States 24 Jun 23

Well, today was payday and just like that all my money is gone. I didn't even get to cash stuff any envelopes. Got up, checked my bank and saw my check. My car payment pulls out as soon as my check hits the bank so I can't...

4 responses •

3 people

Extra hours at work

Quilter @fatragu (677) • United States 22 Jun 23

I got lucky this week at work and they offered over time. It is Thursday and I only need about 15 minutes tomorrow to hit my 40. So I'll have about 7 hours of overtime for the week. I just wish they'd go back to having it open...

4 responses •

4 people

Debt Journey

Quilter @fatragu (677) • United States 18 Jun 23

Are you on a journey to financial freedom and peace? What are some books you'd recommend? Do you have any words of advice for someone who has no idea what they're doing? Everyone I know is in debt to their eyes and sees nothing...

4 responses •

4 people

I'm Back!

Quilter @fatragu (677) • United States 18 Jun 23

After a months long hiatus I have remembered about MyLot and decided to come back to posting on here. My posts are still going to be the same old boring stuff they have always been. Just little things about my life and my current...

3 responses •

4 people

My Cash Flow is not Steady

Arya @yoalldudes (35028) • Philippines 2 Mar 23

I just realized my cashflow is not steady and more concentrated on the months of November and December as well as March, April and May. The rest I'm really low on cash inflow. It is a lesson for me now to set aside some of the...

budgeting

money

7 responses •

7 people