Reorganize Your Spending

After a few months of going way over budget or wondering where all our money went at the end of the month–my husband and I decided to reorganize our budget.

For the next month we plan to input all our spending each week so we can keep track of where our money is going and if our spending is matching our projected expenses. We hope that this will keep us on track and motivated to only spend the money we have allotted. We also committed to not eating out in the month of August to save money.

I reorganized my system for spending “fun” money for activities with the girls and with my friends so that I can track where my money is going and the amount of money I have to spend.

I started by coming up with a budget: Giving, Saving, and Spending. I organized the spending into categories: Kid activities, clothes, dance class for the girls, parking money for Disneyland, and fun money for Mom’s Nights. I plan to put the projected money I will need for each category into envelopes so that I’m only spending cash, and only spending money I have. I then put the money I will need for events coming up in my wallet and I labeled it so that I only spend it for the event it is designated for!

I know that I need to be a better steward of the money I am given and I also need to see money for the blessing it is. I am confident that reorganizing my budget and spending habits will have a positive outcome for me, for my relationship with my husband, and with our family.

Do your spending habits need to be reorganized? How do you plan to make changes in your saving and spending habits?