One thing I have vowed to do in the new year is make a home budget and hold myself accountable to sticking to it. It’s not that we overspend, but I know there are things we could cut out of our daily spending. Seeing where my money goes on a daily basis would be a huge eye-opener, I’m sure.
I know there are many ways to keep track of our spending, and I’ve decided to give the electronic way a try. I’ve tried using just plain old pen and paper, but I think it would be so much easier to have budget software set up on our home computer to make keeping track of our expenses faster and easier. Setting up a budget worksheet looks to be an easy enough process and once it’s broken down into graphs and everything is calculated automatically, I’m sure the bigger financial picture will reveal itself, helping us find ways to spend wisely and cut out needless spending when we can.
Our family’s goal is to be debt free (mortgage, medical bills, and student loans) and free to bless others when the opportunity presents itself. Getting there won’t be quick, easy, or fun, but it will definitely be worth it in the end.
Have you set financial goals for your family for the upcoming year?