Author: John Farrar

Few people wake up and say, let’s use a personal day and skip work to have a budgeting day. Doesn’t that sound like fun? In its simplest form, budgeting is predicting our income and expenses and creating a plan to manage the results. Putting budgeting into practice effectively is more than the plan. If we want to win consistently, a few extra details are essential. In this article, we’ll break down the budgeting fundamentals so you can get started confidently.

If there is no emergency, many of us don’t prepare. What is a proper emergency fund for me? First, you need a clear definition of what an emergency is. It must be something we can financially prepare for.

We all understand the importance of budgeting, yet many of us need help initiating or maintaining effective budgeting practices. These struggles can differ for each individual, creating a unique blend of obstacles. It took Jeanine, my wife, and me several years to gain and maintain momentum. Watching others around us struggle, we choose to get trained and obtain certification as budgeting coaches.