Budgeting 101
Saturday, May 3rd, 2008
When you are in charge of budgeting the money at home, it becomes imperative that you take into consideration every single expense that you need to make for the next 15 days (that’s for our family). Utilities, medicine, basic needs, repairs and replacements like the Blanco sinks I am looking into, as well as a little bit of leisure for the family. I must admit that I go off the budget at times. Stuck to it when badly needed though.
My budgeting 101 lesson of the day is that, when you budget your money, allow a little room for contingencies. You just never know when you might need a penny or two for something else.
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I am an accountant, a CPA. I'd been working for 10 years as a corporate rat when I decided to quit. I am now working at home as a consultant and full time blogger.
