Budgets are tricky animals. As young marrieds, one of the most common pieces of advice you will probably receive is to live by a budget (that and to never go to bed angry). Regrettably, even though that's good advice, little guidance is given on how to create an effective budget. Unbeknownst to many people, most budgets created for the management of household finances are destined for failure right from the start. And here is why...Despite all of the best planning in the world, most household budgets do not include a mechanism to enable you to live by that budget each and every day.
Whether you have tried a budget before and felt like you crashed and burned, or if this topic is completely new to you, or even if you feel that you are not quite sure how to transition your financial strategy from being single to married-don't despair.
This guide will walk you step-by-step in how to communicate with your spouse regarding your financial future and what is important to you, how to create a budget that accommodates your long-term future goals as well as your immediate monthly expenses and how to implement this financial tool into your life so that you can use it on a daily basis. The result-an effective money management tool that will enable you and your spouse to successfully manage your finances together.
|Publisher:||Triple BHC Publishing|
|Product dimensions:||7.00(w) x 8.90(h) x 0.50(d)|
Table of Contents
Chapter 1 Introducing a New Paradigm 7
Chapter 2 Make the Commitment-The First Step in Following the Fundamentals 15
Chapter 3 Communication-The Why, the What and the How 25
Chapter 4 Your Savings-More Than a Bank Account, A Way of Life 33
Chapter 5 Introducing Josh and Courtney 45
Chapter 6 Identify What You Have 55
Chapter 7 The Classic Budget 63
Chapter 8 Needs, Wants and Needed Wants 73
Chapter 9 Bringing It All Together 81
Chapter 10 Don't Be an Accountant-Or Your Budget Will Be Sure to Fail 97
Chapter 11 Be Emotionally Strong 111
Chapter 12 A Note on Debt-AVOID IT! 117
Chapter 13 After All, It's Just Money 125
Appendix: Worksheets 129