Our News Years Resolutions is to get Financially Fit- Finding a Budget Form

Becoming financially fit is just as hard as being physically fit.  Getting paid once a month poses as a great challenge when it come budgeting money.  . Our New Years Resolution has to come early because we get paid in the middle of the month.  If we wait until our January pay day, it won't fee like much of a resolution.

The best way to start managing your money is to create a budget.  EveryDollar is a great website to create a budget online.  This is a free tool that allows its users to create a budget.  You are able to put in your own income, create different categories and to set up your budget.  On the side, it shows you percentages of categories to how and where most of you money is being spent.

Every Dollar has an app for iPhones and Androids to help keep track of your spending as your spending.  For example, you go grocery shopping, you can keep track of your spending and will show how much money you have help in that budget.

For a small monthly fee of $8.25 or $99 annually, you can link your bank card to your account.  Shortly after your bank processes them, they will show on your EveryDollar account.  You then can click and drag your spending in your budgets and it will automatically withdrawal from your budgets to show how much you have left.

I use EveryDollar, but I also like to use paper and pencil method as well.   You first want to find a form that is going to work for you.  Here is an example of good starter for creating a budget form.

Clicking on this form will take you to Frugal Fanatic.

For me, this form is not broken down enough.  It does not have debt broken down.  If you are like Ryne and I we have more than one credit card and student loan. We started the Snowball Effect on our debts.  This has helped us pay down on Ryne's student loans to the point where the rest will Federally be forgiven.  I, on the other hand, have a way to go to pay off my student loan debt.

Clicking on this form will take you to Debt of Life

This is a great form to work with and if you click on the form the creator of Debt to Life has offered this free template to use.  You can download it in Excel form and can modify it for personal use.

Not only do I like to keep track of my expenses monthly, but I like to keep track of them annually.  This allows me compare from month-to- month how much I am spending.  Utilities can vary so if you save your forms, you will be able to see how much you spend from year to year.

Clicking on this form will take you to a pdf file created by me.