Comments on: Building Your First Budget https://kalynbrooke.com/your-money/building-your-first-budget/ Systems and Strategies to Keep Your Life on Track Wed, 23 Mar 2022 23:47:20 +0000 hourly 1 https://wordpress.org/?v=6.0.3 By: Kalyn Brooke https://kalynbrooke.com/your-money/building-your-first-budget/#comment-84775 Mon, 13 Jan 2020 20:12:23 +0000 http://creativesavingsblog.com/?p=9858#comment-84775 In reply to Maria.

Hi Maria,

Yes – I always break my annual expenses down and save for them, that way, when they come due they aren’t taking a huge chunk of my budget that month. So let’s say that you pay your car insurance annually and it’s $1,200. Every month I would have $100 budgeted for car insurance and I would move that $100 over to my savings account or somewhere that it’s not going to be touched. Then when it comes due, I’d pull the money from my savings account and pay the bill!

Does that example help?

]]> By: Maria https://kalynbrooke.com/your-money/building-your-first-budget/#comment-84690 Mon, 06 Jan 2020 17:15:17 +0000 http://creativesavingsblog.com/?p=9858#comment-84690 Hi! Thank you for sharing these advices with us… I’m so interested, and I have a question! The annual expenses (like my annual gym subscription) should be divided in the fixed expenses for every month? How can I consider them? Thank you!!

]]> By: Kalyn Brooke https://kalynbrooke.com/your-money/building-your-first-budget/#comment-64181 Mon, 21 Sep 2015 20:17:38 +0000 http://creativesavingsblog.com/?p=9858#comment-64181 In reply to Angelique.

I’m so glad you found this post helpful, Angelique! I’m not able to create an editable worksheet right now, but that is such a good idea — thank you! I’m planning on revamping this series in the next few months, so I will definitely add that feature during the next round. Enjoy your day!

]]> By: Angelique https://kalynbrooke.com/your-money/building-your-first-budget/#comment-63890 Tue, 15 Sep 2015 08:51:55 +0000 http://creativesavingsblog.com/?p=9858#comment-63890 Budgeting for me has always been so daunting! I have attempted it so many times and failed miserably. This has helped me so much! My HERO!! Thank you.
I know I might be pushing my luck but is there maybe any way I could get an editable/blank budget worksheet? I live in Belgium (euros) and we have a few other things I would like to add and a few we don’t really need on there. I’m absolutely useless with a computer….the excel is just Chinese to me :/ I can probably find one elsewhere but your ones are just so pretty and easy to work with. ^_^

]]> By: Kalyn Brooke https://kalynbrooke.com/your-money/building-your-first-budget/#comment-51621 Wed, 31 Dec 2014 21:28:25 +0000 http://creativesavingsblog.com/?p=9858#comment-51621 In reply to Nicole.

Great question, Nicole! And I’m so glad you are finding the posts helpful. I actually wrote a post about budgeting on irregular income here: https://kalynbrooke.com/money-saving-tips/how-to-budget-on-irregular-income/ Take a read, and let me know if you have any specific questions about what you find there. I hope it helps!

]]> By: Nicole https://kalynbrooke.com/your-money/building-your-first-budget/#comment-48926 Sun, 21 Dec 2014 02:02:39 +0000 http://creativesavingsblog.com/?p=9858#comment-48926 Hi Kayln,
I am finding that your posts and spreadsheets are wonderful. I am a stay at home mom and during the winter months my husbands income decreases significantly. How would you budget in a seasonal income? The income doesn’t go away during the winter months, we have some money but when winter comes we are struggling significantly. Any advice is greatly appreciated!

]]> By: Kalyn Brooke https://kalynbrooke.com/your-money/building-your-first-budget/#comment-43122 Tue, 02 Dec 2014 19:40:51 +0000 http://creativesavingsblog.com/?p=9858#comment-43122 In reply to Megan.

You can start working on your budget right away! You just might be doing a little guesstimating for the first month. However, you will definitely know what your fixed monthly bills are, so I would look over some past receipts to get an idea for the rest. As for income, if you have some paystubs for the last month or two, you can begin tracking it that way.

Budgets are flexible and will adjust, so don’t be afraid to start just because you might not have the accurate reflection of numbers just yet! Once you are done with the first month, you will have a better idea on how to plan your budget for the next. 🙂

]]> By: Megan https://kalynbrooke.com/your-money/building-your-first-budget/#comment-42466 Mon, 01 Dec 2014 03:19:57 +0000 http://creativesavingsblog.com/?p=9858#comment-42466 Kayln,

I was just curious to how many months I should track my income and expenses before I start working on a budget.

Thanks,
Megan

]]> By: Kalyn Brooke https://kalynbrooke.com/your-money/building-your-first-budget/#comment-19568 Mon, 22 Sep 2014 19:37:18 +0000 http://creativesavingsblog.com/?p=9858#comment-19568 In reply to Marisa.

Marisa, you are SO welcome! I hope you enjoy the series and please let me know if you have any questions or something isn’t clear to you. Congrats on the hopefully-soon engagement! 🙂

]]> By: Marisa https://kalynbrooke.com/your-money/building-your-first-budget/#comment-18149 Sat, 20 Sep 2014 15:33:20 +0000 http://creativesavingsblog.com/?p=9858#comment-18149 Kalyn ,

Thank you for your posts. My boyfriend and I are hoping to be engaged soon and we noticed we spend way more than we really have. We know a wedding will be expensive and have decided it would be better to start saving now. Neither of us really new where to start but I look forward to sharing your posts with him. Budgeting seems pretty easy and I’m sure once we see where our money is going it will be easier to know the unessesary things we can cut! 🙂 Thank you for taking the time to write these posts and sharing your wisdom! I greatly appreciate it!

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