Warning: include_once(/home2/penniesi/public_html/wp-content/plugins/wp-super-cache/wp-cache-phase1.php): failed to open stream: No such file or directory in /home/penniesi/public_html/wp-content/advanced-cache.php on line 20
Warning: include_once(): Failed opening '/home2/penniesi/public_html/wp-content/plugins/wp-super-cache/wp-cache-phase1.php' for inclusion (include_path='.:/usr/local/php71/pear') in /home/penniesi/public_html/wp-content/advanced-cache.php on line 20 Featured Archives - Pennies into Pearls
I have a secret. Well, maybe not so much a secret but something I have not shared with our Pearls because I didn’t think you were ready to hear it yet. Something about my spending habits.
But I think it’s time…
We have recently added a monthly expense of $160 to our budget for something that is 100% unnecessary. You know, I don’t feel about it one bit!
Before anyone starts tearing me apart in the comments (I know that those people aren’t true Pearls anyways!), hear me out. I’ll tell ya what the expense is in a sec.
First you need to understand that I believe you need to be spending your money where you value most. You work hard for your money! Your budget needs to be set up in a way that allows you to intentionally put your cash towards achieving your goals.
Without this, your money is going to disappear with nothing to show and your dreams left in the dust. Let’s make sure that this does not happen to you!
Be prepared to be motivated to take control of your family finances! This is your opportunity to see a real life budget from one of our real life Pearls! Our Pearl Norma is putting it all out on the table in order to help inspire and motivate all our other Pearls to keep going!
When you are trying to end living the paycheck to paycheck life, there are going to be some hard decisions to be made. Norma shares how her and her family have worked through this exact thing!
When it comes to getting started on a budget that you will actually stick with, there are a few budget basics that need to be established. It’s super simple and you can probably get this done in just a few minutes! I’ll show ya how!
Our family has had to learn the hard way with getting our personal finances on track, but that doesn’t mean you have to!
Learn from our mistakes and our wins and skip the hard part! I am sharing our real numbers today in hopes of painting a clearer picture to help you as you are getting started on a budget.
What you need to do is put yourself in the same shoes and ask yourself the same questions. These budget tips for beginners will help you set the basic groundwork for creating a hugely successful family budget that will not fail!
When you are really good friends with someone, you want to do nice things for them. Which is why… ta-da! I have put together this meal planning on a budget toolkit for you, my Pearls!
This is the exact method our family uses for meal planning on a budget that has saved us over $6,000 this last year! That is based off of an already frugal lifestyle. If your family is in the beginning stages of cutting your expenses, I am sure you will be able to save even more money then we have!
You know those days where you have been running around from store to store to just get a couple things? You can only find like one thing at each store. So long ensues your scavenger hunt around town to finish checking off your list.
Then… you get home and realize that you still forgot something! Ahhhh!!!!
You might have guessed this is what happened to me today.
Tonight at our church we had a trunk-or-treat activity and of course the kids dress up. Well, to complete their outfits, the kids needed some face paint. That is exactly what I forgot.
Just the thought of running out to the store one more time was torture on its own!
That’s when I thought. “I wonder if I can figure out how to make face paint?”
Dang it! We did it again! Oh no, another $30 overdraft fee! Why are we always over spending?
This scenario was recurring way too often in our bank account. We would think we were staying on budget but the reality was, we really had no idea where all our money was going.
Every month, three days before the next pay day, I would send a frantic text to my husband, “Don’t spend another penny! We only have $18 left!” Then some months, it was too little too late.
Pending purchases would push us over the edge and we would end up paying overdraft fees. Getting us ever further behind on the next pay periods spending! Ugh!
I am so sorry if this dramatic reenactment sounds all too familiar for you.
The good news is that we eventually figured it out! In fact, we are actually an entire month ahead of our bills now! We haven’t had overdrafted our bank account in over a year!
Can you imagine how wonderful that feels? How completely freeing it is to have your spending under control! Looking at our budget no longer provokes tense conversations or anxiety driven swipes of our debit card.