How do you keep a budget.

Shannon - posted on 05/05/2010 ( 6 moms have responded )

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All the time I am making a budget but we can never keep to it. Because everything we have extra money we like to spend.Then at the end of the weekend we are already broke. My husband gets paid every Thursday. And by Mondays we are broke and we have to wait til Thursday to get paid again. Any advice on how to keep a budget. What do you ladies do to keep yours.

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Natasha - posted on 05/05/2010

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I keep a budget by writing down everything that I need. And once you go to the store...stick with whats on your list only...dont ever go out without a list or you'll end up spending more then u should...believe me its happened to me plenty times.

Shannon - posted on 05/05/2010

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Its true what the others have said, if you don't need it, don't buy it. I have 5 kids and they eat all the flippin time! So I allow enough money(we are very tight all the time too) for items for lunches only, I usually don't cook enough for leftovers (they never really get eaten anyways) and I try to avoid the processed snacks from the store by baking my own-brownies ,cookies,granola. They know that when I do bake these, they have to amke it last during the week. It's tough I know. My husband getspaid every 2 weeks and I freak out after one week because it's almost gone to bills and medical.
If you can grow a small garden-this saved a lot of money on veggies and some fruit we always buy and it's fun. Good luck!

Cindy - posted on 05/05/2010

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We always pay the savings account first. We've now started money saving jars for the frivolous spending we like to do, such as: McDonald's, sodas, junk food, stuff like that. We were VERY good at nickel and diming ourselves.
It takes some serious discipline to change spending habits. It's not something you can do over night. We've learned habits and living certain ways, that are hard to change. Do it slowly. Start cutting the fat, one by one. If you guys like to eat out, start limiting the amount of times you go out each week. If you like to buy 'stuff' (and this is my favorite) spend more time in the store while you shop. Keep those questionable items in your cart while you shop around and debate them. See how long it might eventually take you to put it back. If you get home with it, make a new rule: if we don't use it in two days, we take it back. Or something like that.
I used to write on my hand before I went to the store: "What do you REALLY want", and it reminded me about the more important things I was working for.
As far as a budget, that's difficult for anyone. I really think you must be talking about spending habits and behaviors as opposed to a budget. That was our problem :)
Good luck to you and always remember: patience love and understanding.

Kerry - posted on 05/05/2010

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Ok first off you have said the problem yourself...you referred to it as EXTRA money when clearly it isn't. All I would suggest is be stronger when it comes to spending...Think to yourself do we really need this x

Stefie - posted on 05/05/2010

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First try to keep track of what you are spending money on. Just realizing where you may be over spending is often helpful.
We like to put money into a seperate account each month (my husband is paid electronically). This account is large enough to serve as a safety net for us for lean times and also serves as our place we are saving for large things like a vacation.
I enjoy looking up cruises we might want to go on next year after I put the money aside. It helps keep me motivated. We never talk about our saving accounts, and for the most part pretend it is not there, to limit temptation.

Louise - posted on 05/05/2010

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make a shopping list and stick to it. Do not buy what you do not need. Another tip is to pay by cash as once it's gone it's gone and you will think twice about spending it.

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