Budget Blog

Dave Ramsey is a personal finance expert and is most well known for his 7 baby steps to help you get out of debt and take control of your money. While these steps have helped millions of people, they are not perfect. Below I’ll walk through the pros and cons of Dave Ramsey’s Baby Steps and provide some alternative options along the way.

Before diving in, I want to put on the record that I agree with most of what Dave Ramsey has to say when it comes to personal finance, and I think he’s helped a ton of people throughout his career. I even included his book, The Total Money Makeover, in my list of the best budgeting books.

Getting out of debt, investing for retirement, and having a handle on your finances are all great things, and all are things that Ramsey recommends.

[Read more…] about Dave Ramsey Baby Steps: Breaking Down the Pros and Cons

Below you will find a list of the 14 best budgeting books to improve your personal finances.

Building a budget is usually a necessary first step to improving your personal financial situation. After all, it’s hard to improve anything if you don’t know where to start.

And a budget is the blueprint that will show you what you need to improve and what you should keep doing.

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Paying for large expenses isn’t easy, but having a sinking fund can help ensure you are budgeting for them the right way.

If you need to save for a significant expense in your life, whether it’s for a down payment on a house, a wedding, or just a new pair of shoes, below, we’ll walk through how sinking funds can help you accomplish your savings goals.

[Read more…] about What is a Sinking Fund and Why You Should Have One

There are a lot of good reasons for you to learn how to stop spending money.

Well, maybe not how to stop spending money altogether, but learning how to spend less in certain areas can help you reach your financial goals. Whether that is to save more, invest more, or better prepare for retirement.

Regardless of the reason, deciding to try to spend less money is a great first step to improving your budget and personal finances overall.

[Read more…] about How to Stop Spending Money: 10 Ideas to Try

Managing bills is not easy, but luckily there are apps out there like Truebill that are here to help.

From Netflix to gym memberships to magazine subscriptions, it can be hard to properly manage and keep track of all of your bills. Potentially allowing yourself to continue being billed for a service that you no longer use.

Truebill is a personal finance app specifically designed to help resolve this dilemma. Though, unlike other budget-planner apps out there, it is a lot more ambitious in its approach.

Read the full Truebill review below to find out more and see how much you can save by using this app.

[Read more…] about Truebill Review: Not Your Average Budgeting App