Bugeting Articles

Accounting » Bugeting | By Glen Smith @ Tuesday, 8th April 2008 @ 1:33 AM

Do you have a burning desire to achieve in a sport, hobby, talent or business venture but you never seem to have the time or money to achieve it? Today I am going to talk about the importance of budgeting in relation to goal setting. For years and years I have set goals but I never used to fully fund the goals. Before I had a home loan it was pretty easy actually, I would make a list with my family of all the things we wanted the following month. The purchases were prioritiz... more...

Accounting » Bugeting | By Eddie Lamb @ Saturday, 29th March 2008 @ 9:20 PM

The thought of putting yourself and your family on a budget can often feels overwhelming for many. The truth of the matter is that not having a budget, operating with financial blinders on, is much more overwhelming than creating and sticking to a budget. Before you even get started thinking about a budget, you'll probably want to spend some time assessing your attitude to money. Money is not an evil or a bad thing. In fact money is wonderful! Money enables you to have a roof over... more...

Accounting » Bugeting | By John Siegler @ Friday, 28th March 2008 @ 10:09 PM

To borrow a line from the Police, it might seem as easy as your a-b-c's, but there's a lot that goes into effective financial modeling. For the past 8 years with Practice Technologies, and going back some 10 years before that, financial modelling has always been central to the analysis I've relied upon to evaluate a business' health or justify an investment in its growth. There are several important steps to follow in developing a financial model which will serve you... more...

Accounting » Bugeting | By Jerry Work @ Tuesday, 25th March 2008 @ 11:13 AM

In this day and age, it is easier than ever to spend money - just whip out your debit card and buy whatever you want. The problem with these nearly frictionless transactions is that it is difficult to keep track of your money. When most people wrote checks for every day purposes, at least they had transactions recorded in their checkbook. Every time a check was written, the person writing the check would be forced to write down the amount and see how much money was left in his account (assuming ... more...

Accounting » Bugeting | By Eddie Lamb @ Sunday, 16th March 2008 @ 12:59 AM

Sit amongst a group of friends and associates and mention the word budget, and suddenly everyone has somewhere else they need to be. Usually no one wants to talk about budgets, no one wants to think about budgets, and no one wants to follow a budget. However, when looked at with open eyes a budget is actually a fantastic thing. Here are three reasons why budget may become your favorite word: Reason #1: A budget puts you in control of your money instead of your money controlling you. What... more...

Accounting » Bugeting | By Glen Smith @ Saturday, 15th March 2008 @ 5:09 AM

Have you ever had an argument with your partner about money? Has he or she spent more than they should? Have you over-spent and tried to cover it up to avoid a fight? I have developed a system to stop the arguments over money. I have been married for nearly 14 years and we never ever fight about money. I will provide some simple steps for you to take to stop the arguments over money permanently but before I get to that I will make a disclaimer. If you are deep in financial trouble, g... more...

Accounting » Bugeting | By Jerry Work @ Sunday, 9th March 2008 @ 2:33 PM

Ah, America...land of the free, home of the indebted. According to CNNMoney.com, the average American household has almost $9,200 in debt. That's the average. Some have much, much more. Interest rates generally run in the mid to high teens, so counting interest and payments on other debt, such as mortgages, the average American is dealing with a heavy debt load. So what can you, Mr. or Ms. Average American, do to get yourself out of this nasty situation? The first step, which may be ... more...

Accounting » Bugeting | By Eddie Lamb @ Friday, 7th March 2008 @ 11:16 AM

I'm a big fan of accountants, but that's mostly because I don't like taking the time to figure things out. When it comes to money, I'd much rather listen and follow the advice of an expert than to try to learn it on my own. However, when you're creating a business budget, you may not need an accountant. Here's how to decide whether or not you want to go it alone. #1: Do you have a solid understanding about what expenses your business is likely to encounte... more...

Accounting » Bugeting | By Tyler James Ellison @ Wednesday, 2nd January 2008 @ 6:36 PM

Debt cure has always been an issue. Today however, the amount of debt Americans are racking up is astronomical in a way that far surpasses any other time in history. Our national debt is in the trillions, and it looks to be seriously doubtful that we will ever get out of doubt as a nation. What is worse however, is the critical amount of debt that individual Americans are in. We are talking billions of dollars. Debt that is crushing thousands upon thousands of our families, leaving them in bankr... more...

Accounting » Bugeting | By Ryan Kaufman @ Wednesday, 31st October 2007 @ 6:30 AM

Mortgage refinancing is a good move in most cases and can be very beneficial for the home owner. On the other hand, mortgage refinancing can go wrong and the reality is you might end up with a new agreement that is worse then the previous one. You need to understand when and how to properly concider any type of refinancing. We all want to save money and lower insterest rates, but losing money through a bad deal can be avoided with proper understanding of basic terms and a little research... more...

Accounting » Bugeting | By John Siegler @ Tuesday, 16th October 2007 @ 7:14 PM

To borrow a line from the Police, it might seem as easy as your a-b-c's, but there's a lot that goes into effective financial modeling. For my entire career, financial modelling has always been central to the analysis I've relied upon to evaluate a business' health or justify an investment in its growth. There are several important steps to follow in developing a financial model which will serve your objectives as an entrepreneur, whether you're trying t... more...

Accounting » Bugeting | By Peter Cole @ Monday, 8th October 2007 @ 2:16 PM

Many excellent articles have been written offering useful, innovative tips on ways to save money. We'd like to take a different approach. Let's look at what we call the "philosophy of frugal living." Don't confuse "frugal" with "stingy". What's the difference? If you're being frugal, you make use of the coupon in your Entertainment Book when dining out If you're being stingy, you use the coupon as an excuse to under-tip the waiter.... more...

Accounting » Bugeting | By Andrew Bicknell @ Wednesday, 11th July 2007 @ 1:32 PM

With the rising cost of everyday items today creating a family budget plan is becoming more and more important to keep track of where your family's money is going. Making your money work for you is the ultimate goal of any budget, but you need to be patient if you have never made a budget before. Most financial problems, both personal and family, are a result of poor budgeting skills or the failure to follow the budget that is made. This is true of people in all income ranges. If you... more...

Accounting » Bugeting | By Andrew Bicknell @ Tuesday, 10th July 2007 @ 9:20 AM

For many people creating a family budget is an exercise in frustration. Where to start, how to set it up, should I use budgeting software? Are all questions that nearly everyone asks? And then when they do get it set up and start tracking the money coming in and the money going out something happens. An emergency or an impulse buy that screws the whole thing up. Unfortunately the majority of people give up on their family budget before they ever give it a chance to do what it is supposed ... more...

Accounting » Bugeting | By Andrew Bicknell @ Tuesday, 10th July 2007 @ 9:05 AM

With the credit card society we live in today keeping accurate track of expenditures is very important. People forget that they are spending money when using a credit card and in most cases those who use credit cards spend 18-20 percent more on a purchase then if they were using cash. In the end they end up spending more then they can afford. Because of this many financial experts agree that using a budget can help most consumers start to take back control of their financial situation. A ... more...

Accounting » Bugeting | By Andrew Bicknell @ Tuesday, 10th July 2007 @ 8:47 AM

As we grow from children through the teenage years and into young adults we are taught many things, both from our parents and through school, but the one thing the vast majority of people are never taught is how to budget money. Unfortunately this is the one skill that everyone needs to know. Keeping a proper budget and tracking what your money is doing is the best way to stay out of debt and build wealth. Money is a powerful tool in life, if we learn to make it work for us. Most people w... more...

Accounting » Bugeting | By scott young @ Tuesday, 12th June 2007 @ 12:02 PM

Financial management is one of the biggest pitfalls for people who are actively engaged in a serious home business. Even if your have chose a good home business you may have no idea on how to manage your business financially, you will most likely end up losing a lot of money. Since you cannot afford to waste your money, you better shape up and take care of your finances early on. It will not really do you any good if you just keep working on your business not really knowing if you are making eno... more...

Accounting » Bugeting | By Craig Rad @ Friday, 6th April 2007 @ 5:04 PM

First of all, why would you need a tax attorney? What situations require an attorney? Basically, you should not need such a professional in case you can handle your taxes on your own, but in case you are overwhelmed by tax issues, tax debts, or, even worse, in case you are charged with fraud of some sort, then the first thing you need to do is choose a tax attorney. But not any attorney - go for the best one! Here is how: After deciding that you need an attorney, you might ask yourself: w... more...

Accounting » Bugeting | By Tadas Talaikis @ Wednesday, 20th December 2006 @ 11:40 AM

After having dated for less than a year, Michael and Ronnie decided to get married. Since the marriage expenses were unmanageable, they both decide to take a loan to spend on the marriage ceremony. They haven't been able to repay yet. How do you define a debt? Any thing that a person owes another is a debt. A monetary debt has to be repaid to the creditor along with interest which has been pre-decided. Is debt repayment an easy task? It can be but will definitely require sacri... more...

Accounting » Bugeting | By Tadas Talaikis @ Sunday, 12th November 2006 @ 11:04 PM

PiggyBob's advice to debt consolidation and reduction: 1. Face to face: Free debt consolidation counselors talk directly with you, helping find ways for you to pay off your debt while saving you money. 2. Pay later: Remember, while debt consolidation quotes may be free, the costs for these services often aren't mentioned until the cash is practically in hand. 3. You have options: Three top strategies for debt consolidation: consolidate to a single low-or-no-interes... more...