Comments on: Personal finances can be a “deep mess” http://www.gettingfinancesdone.com/blog/archives/2006/09/personal-finances-can-be-a-deep-mess/ Your Guide to Stress-Free Financial Control. Personal finance tips. Tue, 27 Jul 2010 06:14:22 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Getting Finances Done » How to become a personal finance “black belt” http://www.gettingfinancesdone.com/blog/archives/2006/09/personal-finances-can-be-a-deep-mess/comment-page-1/#comment-1024 Getting Finances Done » How to become a personal finance “black belt” Wed, 04 Oct 2006 06:56:32 +0000 http://www.gettingfinancesdone.com/blog/archives/2006/09/personal-finances-can-be-a-deep-mess/#comment-1024 [...] Despite your lack of financial control, you have a strong resolve to take action even though the thought of facing the “deep mess” of your finances seems overwhelming. You and your spouse have agreed to work together. In an effort to get your spending under control, you’ve started using cash for your “out-of-control” budget categories. You’ve stopped using credit cards somewhat reluctantly and possibly out of the sheer pain of your dire financial straights. Despite some complaining, your family has agreed to use cash as well. You’ve taken initial steps to figure out what your basic monthly income and expenses are and have tried budgeting for at least one month even though it doesn’t match reality yet. [...] [...] Despite your lack of financial control, you have a strong resolve to take action even though the thought of facing the “deep mess” of your finances seems overwhelming. You and your spouse have agreed to work together. In an effort to get your spending under control, you’ve started using cash for your “out-of-control” budget categories. You’ve stopped using credit cards somewhat reluctantly and possibly out of the sheer pain of your dire financial straights. Despite some complaining, your family has agreed to use cash as well. You’ve taken initial steps to figure out what your basic monthly income and expenses are and have tried budgeting for at least one month even though it doesn’t match reality yet. [...]

]]> By: Solo Business Marketing http://www.gettingfinancesdone.com/blog/archives/2006/09/personal-finances-can-be-a-deep-mess/comment-page-1/#comment-630 Solo Business Marketing Sat, 16 Sep 2006 19:04:12 +0000 http://www.gettingfinancesdone.com/blog/archives/2006/09/personal-finances-can-be-a-deep-mess/#comment-630 Review, decide, and cut. That's what I do before finances get out of control. Maintaining household and business expenses on separate software systems has been incredibly beneficial. I hope to never be in a financial bind, but money problems are just around the corner if your home must be renovated and you're not ready for the expense. Meanwhile, I have a clear idea of what expenses I have and how money is allocated to pay for it. That let's me make smart decisions whenever it's time to assess a new or replacement service (cable, telephone, etc.). It's not easy to start and stay on track, but making sure that you live within your means 99 percent of the time lets you sleep a whole lot sounder. Review, decide, and cut. That’s what I do before finances get out of control.

Maintaining household and business expenses on separate software systems has been incredibly beneficial. I hope to never be in a financial bind, but money problems are just around the corner if your home must be renovated and you’re not ready for the expense.

Meanwhile, I have a clear idea of what expenses I have and how money is allocated to pay for it. That let’s me make smart decisions whenever it’s time to assess a new or replacement service (cable, telephone, etc.).

It’s not easy to start and stay on track, but making sure that you live within your means 99 percent of the time lets you sleep a whole lot sounder.

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