Budget Friday: Submission 12

Hey everyone! Welcome back to another episode of Budget Friday. This is seriously my favorite part about personal finance, the chance to help others get on a budget, get out of debt and reach their financial goals. I love showing the power of a well-thought out budget plan, and the long term results they can have. Today's budget is an anonymous submission. We'll call her Karen. Background: Karen reached out to me for some help getting out of debt and getting her family on track with their finances. She's married with kids and wants to eventually get into a home. The only thing standing … [Read more...]

Budget Friday: Submission 11

Budget Friday: Submission 11

Hey everyone! Welcome back to another episode of Budget Friday. This is seriously my favorite part about personal finance, the chance to help others get on a budget, get out of debt and reach their financial goals. I love showing the power of a well-thought out budget plan, and the long term results they can have. I know it's been a while, and I'm glad to be back today with an awesome reader's budget. Today's budget is an anonymous submission. We'll call her Stella. Background: Stella is a medical doctor who has been in the workforce for just over 2 years. She has already amassed a sweet … [Read more...]

Challenging Budget Exercise for a High School Class

Challenging Budget Exercise for a High School Class

Our post today is from Emily, a graduate student in North Carolina who blogs over at Evolving Personal Finance. She frequently writes about money in marriage, living well on a grad student stipend, and how to line up your budget with your values. Thanks for your help while I'm swimming in 1099's! I was recently watching an episode of Dawson's Creek (don't judge me!) and the storyline was that Dawson and his friends received an assignment in their economics class to put together a budget for various hypothetical lives. Of course, as I am a PF blogger who loves budgets almost as much as Jake … [Read more...]

Budget Friday: Submission 7

Hey everyone! Welcome back to another episode of Budget Friday. This is seriously my favorite part about personal finance, the chance to help others get on a budget, get out of debt and reach their financial goals. I love showing the power of a well-thought out budget plan, and the long term results they can have.Today's budget is an anonymous submission. We'll call him Harold and Marge. Background: Harold and Marge have done well. They are5 5 years of age and have just finished putting their youngest through college, debt free! They are now looking at retirement and want to retire with a … [Read more...]

Budget Friday: Submission 6 – Weed Edition

  Budget Friday: Submission 6Hey everyone! Welcome back to another episode of Budget Friday. This is seriously my favorite part about personal finance, the chance to help others get on a budget, get out of debt and reach their financial goals. I love showing the power of a well-thought out budget plan, and the long term results they can have. Today's budget is an anonymous submission. We'll call him Michael Phelps. Background: Michael is in a unique situation, where he has a great income and low expenses, and therefore has a great many possibilities as far as his financial … [Read more...]

What Does $1 Mean To You?

What Does $1 Mean To You?

Hello all you beautiful readers of iHeartBudgets! Don't forget about our iPad 3 Giveaway! that is going on now! Do you remember the first time you held a $1 bill? Do you remember when you owned your first $1 bill? I remember for me it was trading in my saved up change for $1, which I stuck in my change jar at my grandpa's lake cabin. It was an awesome feeling to have real buying power outside of trading my fish sticks for half a tombstone deep dish pizza (remember those?). Having $1 gave me endless choices about what I could buy, whether it be a handful of candy, a pack of baseball cards … [Read more...]