Budget 101

"Do today what others won't so tomorrow you'll have what others don't." - Marshfield basketball team.

That can apply to all aspects of life, whether it be athletics, spiritual, or financial. As it relates to your finances, do your part today so you can try to have a secure financial future. Some times that means sacrifices. Like eating out less, less coffee, less movies, less clothes shopping, etc... But where do you cut? Where do you start on a budget. In my opinion, you cannot budget unless you know where your money is going. So start by averaging your last 3 months spending.

House payment
Utilities (break them out if you want)
Insurance
Car payment
Credit card payments
other loans
groceries
gas
food
contributions
cash - spending money
lunch money

You can be as specific or as general as you want. So look at the areas that you spend money and those "extras" - look at spending $25 or more less per month on the "extras". Then put together a future budget.

Once you have a budget put to place we will look at where you put the extra money that you save because if you don't do something else with it, you'll probably spend it.