Budgets – got one?
No matter where you are in your life, whether you are going through a divorce or not, a budget matters. Everything you do in finance, personal or business, comes down to a well planned budget. The word “budget” is like the B-word no one wants to use but it’s an inevitable part of being a grown up. It’s a word that evokes the feelings of despair, fear, stress, the thought of not getting out of bed…you get the idea. I’m here to say the simple word is very simple in it’s task and it will replace those negative feelings with positive ones. Think: control, empowerment, bliss, heel-clicking whoo hoo’s! Yes, you can do it and I’m here to help you. First, you will need to get your statements together (bank statements, credit card statements, lines of credit statements, etc.) that capture your monthly spending habits. Then you will add up your expenditures from each statement for each category on my Budget Planner. When you add up all of your expenses, does it equal or exceed your income? If so, you need to whittle down your amounts in the variable expenses categories. Don’t forget to include a savings category whether it’s...