Thursday, September 20, 2012

We Love Food

A little while ago, I did a little post about our budget - what works, what doesn't, what categories we have, etc. You can read it here if you are interested. 


Since then, we've made a few changes to help the process work a little better and I wanted to share them here! 

PROBLEM #1: Rob was doing everything for our personal budget. And I loved it. I do budgeting all day every day for my job so it was really nice to just not worry (at all) about our personal finances. However, this led to a couple different issues for us. First of all, Rob felt like he was always the bad guy when I would ask him if we could afford something and he'd have to tell me no. It also really stressed him out to be the only one looking at our finances - he was worried he would miss something, or forget to budget for a big expense, or maybe that we didn't have enough savings...and so on. It was just too much pressure and too much to put on one person. 

SOLUTION #1: I started helping with the budget. It takes basically no time and it helps him out a ton! I have just started checking mint (love this tool) daily. It's just for a few minutes and it's really helpful. I can check how much money we have left in each category (to avoid overspending), and I can help categorize our incoming expenses in the right category (so that Rob doesn't have to guess at everything). It's working really great so far and I hope it has removed a lot of the pressure from Rob to "own" our finances...it's much better to do it together.

PROBLEM #2: We always blew our budget on food. Always. Every month. We never stayed within the perimeters we set for ourselves (which are very reasonable, by the way), and we just didn't worry about it. Bottom line: We Love Food. But ya know, budgets only work if you actually stick to them :)

SOLUTION #2: We split up our monthly food budget into weekly amounts, so that we now have a weekly food budget. This has been a game-changer for us, y'all! We are finally staying within our budget easily and enjoying when we eat out even more because it is totally guilt-free. And if we go over (or under) one week than it just rolls over into the next week and we have less (or more) for food the next week. This helps if we make a big grocery run or (more likely) if we eat out one too many times the week before :)



So there's a quick budgeting update! And ps, I cannot stress enough how much we love mint. You should definitely check it out if you don't budget, are learning how to, or if you're having a tough time sticking to your budget. (And no mint is not paying me...I just love it!)

2 comments :

  1. Nicole, Mint.com sounds wonderful! just what I need. However when I go to create an account I can't get to Step #2. What am I doing wrong?

    ReplyDelete
  2. Shirley, are you having problems with your bank information connecting to Mint?

    ReplyDelete

Thank you for your comment! You may not see your comment pop up right away because all comments are moderated, but you should see it appear soon.

Have a wonderful day & thanks for stopping by! xoxo
Nicole