Drum roll please … I’m so excited to say that my friend, Josh, from Family Faith Finance was kind enough to share some insight on saving money with a spouse. There are some things that are easier to do when you’re in a marriage and others, like budgeting, can be significantly more difficult. If this is something you and your partner want to improve on, keep reading and be sure to check out Josh’s blog when you’re done to follow his family’s financial adventure!
I realize as I start typing this that passionate Dave Ramsey fans will probably be thoroughly annoyed with this post. But, before you passionate snowballers get too upset, hear me out. I love Dave Ramsey’s Baby Steps and the snowball method. My dad actually introduced me to his books while I was still in high school (thank you dad, I am forever grateful). If you have no idea what I’m talking about you can grab a copy here.
The reason I’m even bringing up the avalanche method is because it saves you a lot on interest. Lately I’ve been struggling with which method to really commit to. Isn’t the whole point of getting out of debt and living frugally to save money? The answer is obviously yes. So, why are we all so passionate about using a method that takes longer and costs more?
If you’re starting out on your financial health journey, you’re probably wondering how on earth you’re supposed to set up a budget. Should you save anything? Does it all go toward debt? What about normal bills?
I know the feeling. Recently I’ve been going back and forth in my head about the best approach to budgeting for debt. Should I go by percentage? Should I ignore savings right now? Well, I finally worked out a solution so hopefully, I’ll save you from the battle going on in your brain and in your bank account.
Here we are at the start of the new year and I have in front me a shiny new binder, a hundred baseball card sheet protectors, scissors, and coupons. I have been eager to try couponing for real for a while and I thought the start of the new year is a perfect time to do it!
Now, I have couponed before but I never had the right supplies so it wasn’t as organized as it should have been. I also didn’t see as much benefit as I know I could have had I used the right tools. Near the end of December, I ordered my supplies noted above and I grabbed all of the inserts I had been collecting and began getting everything situated. I can proudly say that I have a binder full of coupons that are clipped, organized, and ready to go. I am so excited to see the savings! But why am I going through the trouble if we have survived without it for so long?