If you get the Lamberts Lately Newsletter in your email each week, you probably know that I like to feature a few older posts at the bottom that kind of line up with the time of year. Last week, I thought about featuring my old How I Make Our Household Budget post…but, upon quickly reading through it, I realized it was incredibly out of date! So how about we update that today?
Finally, on the last day of the month, I sit down and take a good long look at what went well and what didn’t go so well in the budget that month. If I need to adjust budget amounts for next month, this is when I determine it. I also look at what expenses we might have coming up (and any extra income) and add those in as I do the budget at the end of the month. The last day of the month is always my reflection day for the next month’s budget. That way, I can start fresh the next day!
And there you have it! It might take a few trial run months to really nail down the best way to manage your monthly budget through Mint, but I promise…if we can do it with our crazy variable income and expenses, you can do it too! It maybe takes me 30-45 minutes of work a week to really manage our monthly income and expenses. Plus, this method comes in so handy around tax time…it’s so nice to have everything neatly labeled in one place! Enjoy your budgeting…if that’s possible! ?
(And stay tuned…I have a post coming Thursday that works perfectly with this system!)
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