It is rumored (shhh….) that I might be giving away a Know Your Worth Classic Budget Happy Planner on the Creative Planning Expressions group next month. Black Quilted Hard Cover with Medium Gold Metal Discs.Black and White Elastic Band Pen Holder.VillaBeautifful Au Revoir Pen (link to my code).Kate Spade New York Gold Dot Desktop Calculator.Dashboards Silver Foil (I used the gold foil ones but this is for a 3-pack of silver foil dashboards).Savvy Saver Classic Filler Paper -Debt Payoff Tracker.Know Your Worth Budget Classic Planner Companion.Undated Hello Savings Classic Budget Happy Planner.But I have linked below any products that are still available. This particular planner was really popular and most of the products are sold out from that collection. I plan to track all sinking funds in this area as well as any savings (that is not a sinking fund).īelow is a list of supplies I used to setup my budget planner. Finally the last tab will hold the savings trackers from the Savvy Savers filler paper pack.This will also help to keep me tuned into my progress as well. I’ll be closely monitoring any outstanding debt on a paycheck basis. This tab will hold the debt payoff trackers from the Savvy Savers filler paper pack.It will also be the place where I keep an extra sheet of paper to just jot down notes and other financial goals I’d like to work towards or keep in mind. My vision will include three financial goals that I’ll be working towards. I’ll be using the goals vision boards from the Know Your Worth companion pack. This tab will hold motivational tips, information about the debt snowball method, budget by paycheck method and other budgeting tips.Next to this page is a full blank page which as you can see from the picture below, I plan to use that as a monthly retirement check-in area.Īt the back I’ve added four tabs for additional budgeting information and tracking. Under the “take note” section I plan to summarize my weekly totals. Take Note Pageĭirectly after the weekly expense pages is a note page that includes a lined “take note” box on the left and two boxes on the right labeled “check it off” and “important”. I’ve also color coded the week which will also correspond to the payday on the monthly tab. Everything above the highlighted line will be bills, everything below will be unbudgeted spends. But, I plan to use this page to balance my budget by paycheck so I’ve made a few alterations. This is where you would list your expenses for the month. One the right side is the weekly expenses page (shown above). More to come on this as I get into using the budget planner. I expect I won’t use it for how it is presented but rather I may use it somehow to track my business expenses and revenue. While I didn’t include a picture of this page it is because I haven’t quite figured out how I plan to use it. This is also the page where I’ll be using a pencil for writing in the amounts. I’ve changed a few of the budget category headers to fit my needs as well as assigned a highlight color to each category. The page on the left is the monthly budget planner page that will give me an over view of my monthly budget. Now we get into the meat and potatoes of the budget planner. But if monthly budgeting isn’t working for you or you just need to know your worth then it’s time to start thinking and budgeting differently. Conventionally we were taught to setup a budget once a month and then manage it. The budget by paycheck is a simple and easy strategy where you budget each time you get paid. Once you pay that smaller debt off you take the amount you were paying on it and add it to the next lowest debt and so on. When you use this method and you focus all your energy (and funds!) on the smallest debt, while paying minimum on all other debt, you will be able to knock out that debt faster. Essentially with this model you are paying off debt in order of the smallest amount to largest amount. If you struggle to stay on track with your budget because you feel it’s not moving anywhere, than maybe the debt snowball method is for you. You’ve no doubt heard of at least one of these methods so I’ll only briefly go over them below. The other tool is also not new to me, it’s the budget by paycheck method. One method I’ve always used comes from Dave Ramsey and it’s paying off debt using the “debt snowball” method. I’ll also be incorporating two other methodologies to tackle expenses as well as save for the future.
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