Monday, 18 November 2013

Budget Update...

It's been about two weeks since my last 'budget' post and I'm sure you've been d y i n g to find out how everything is going!

We just completed Level 1 of the MyMoneyMyChoices program and already we are feeling so much more comfortable with our finances.

Some highlights of our budgeting 'workshop':

-created a spending analysis and dissected why we overspend when we do--how therapeutic!
-updated our debt repayment plan to suit our changing needs--(It has an end date and we are working with a very low interest rate! yahoo!)
-created a NetWorth statement...interesting exercise nonetheless--will be neat to watch it grow!
-earned our first level badge!

-started Level 2!
-we did this months ago but we have a very easy to follow budget calendar that made it easy to align our cash flow and bills

What's coming?
- we are going to start our spending

I can't really assume that everyone reading this blog has the same financial situation as us. But what I can assume is that if you've made it to the end of this blog post, then you're interest is probably peaked... Please send me a tweet or a facebook message if you are interested in more info--why not be financially literate? And for purely selfish reasons, I'll get bonus points for guiding someone through Level 1! ha ah

Oh and...minor celebration--Gail Vaz-Oxlade and I have been exchanging tweets! I feel so honored! (as long as she's not considering me one of her Money Morons!)

Happy Budgeting!

P.S. Christmas is coming which means DIY projects are on the rise! Stay tuned for a sneak peak at the advent calendar I made for a friend last year!

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