Budgeting-Great Advice On Budgeting Worksheets, Personal Budgeting, And Budgeting Tips

collial asked:


My husband and I are new to budgeting and really need to learn. We have nothing to compare our spendings to and I am thinking we are doing ok but would like to know what the average person has left over after bills and such for a week. After paying all bills (not including groceries or gas) what does the average person set aside to spend each week?

Doug Engessor

Mommywifey08 asked:


I know that seems like a duh any of them answer but everytime i look into one they always have this expection or whatever with a certain income level. Our monthly income is about 1,000 a month for 3 people. Im not complaining I just want to get some help in the form of a book or computer program. Ive heard good things about ynab but im not sure.

Rivka Schunemann

Allen Smith asked:


need help urgently to study
for exam coming up

Don

deborah r asked:


On paper, I have 1400 dollars in monthly bills and almost $800 to make payments and extra payments on loans in order to pay down debt. However I can’t seem to get started on this system because I’m always playing catch up. It seems like I’d have to get a paycheck ahead just to start this system. Any ideas/? Thank you.

Freddy Pennigton

SoF10 asked:


I’m really interested in Mint’s ability to track all my accounts simultaneously to save me the hassle of downloading statements and loading them into a personal finances software. Has anyone used the site? Is it precise enough to be helpful?

I’ve used Microsoft Money and even created my own Pivot charts in Excel using my statements, but it is tough to track, and categorizing the line items is a pain…

Any recommendations?

Thank you!!!!!

Elana Bibles

Schleppy asked:


I am trying to pay off some bills and save some money (as many people are) and I want to set up a strict, yet realistic budget for myself. I have all my “fixed expenses” (mortgage, utilities, credit card payments, etc) budgeted out, but I really need to reign myself in on food, entertainment and miscellaneous expenses. How much money per week is “reasonable” for a single person to spend on groceries, eating out, entertainment, etc ? I’d love to hear especially from other single people who are budgeting themselves, but certainly any comments are welcome.

Leonel Ullrich

Maria asked:


I am 18 years old, dont have a job but im looking for one, i have never been on my own. Im going to be moving out and getting my own place with my boyfriend. i want to know how to save the most money we can while supplying what we need.. can someone list the price range for everything i need and ideas on how to save? thanks(:

Chase Robison

Avery asked:


I’m going to graduate college this year with degree in journalism. While I’m working on my masters degree I’m hoping to make some money as a freelance journalist. I was just wondering how people who don’t have a steady pay check work out budgeting and rent and things like that. Any advice would be really appreciated. Thanks!

Doreen Huski

swizzy74 asked:


I want to move out of my parents home. I need advice on how to budget my money so I can get my own place. Here is a rundown on my income and expenses. Some of these number may be off a tad bit but close enough.

Monthly Expenses
Car note294.28
Car insurance152.65
Foodtotal 100
Gas$30 WEEKLY
Cell phone$30
Phone bill $50
student loansyearly amount> over 60k per year

Monthly Salary
$9.75per hour $1,779.32
$32weekly hours
$312gross weekly salary
624Gross bi-weekly salary total
$201.32 minus weekly taxes
$422.68 total bring home pay

Savings Account>>> $1,779.32
Correction: student loan is over 60k not per year

Gussie Bodor

SeekingAnswers asked:


If someone is making $100,000 per year, it’s understandable it would be easier for them to pay off the same amount of debt than someone making $20,000-$30,000 per year. At least in most cases. Of course circumstances would determine that.

However, what is the maximum amount of debt you’ve paid off in ONE YEAR, making LES THAN $30,000 per year? How did you do it? What advice on budgeting ect can you offer?

Please state the amount of debt you had, and your income during the period you were struggling to clear up your credit. Sometimes after medical problems, a person is not able to return to work making the same amount of money, or return to work at all.

Thanks

Wilbur Brault