Way back in October 2009 I decided on my New Year's Resolutions. First and foremost was to create a budget... and I did... On paper in my spare time at work, on my computer in my spare time at home, and on paper just about every time I got a paycheck. I never followed any of them.
When I got my W2 forms, I realized just how much money I had made this year -- and how much I had wasted. My basic living expenses only amount to about 2/3 of my income so I wasted a lot of money in the last year. Not to mention all of the crazy money mistakes I have made in the last few years that have gotten me in the financial situation I'm in now. Basically, I have a lot of debt and it needs to get paid off.
The idea of this blog isn't to show anyone how to pay off debt or to follow a budget. Clearly, I'm working on these things myself. My goal is to be open and honest about my successes and failures and to hopefully help someone else find their own way through following a budget. I will not be focusing on paying off debt. It is a part of the budget, but not the goal. The goal is just to create a plan, a very detailed plan, and to follow it religiously. I believe everything else will fall into place over time.
The plan starts on Saturday... so here we go!
Good luck! I have a lot of debt from school too, so I understand the need for a good budget. I hope this blog helps you keep on track with your goals.
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