On this weeks episode we discuss coming up with a budget and living by it.
Budgets help keep us in line and help give us a baseline as to where we can spend our money. It’s like having a map of where you’re going. Without a budget, you’re spending blind and you might be spending more on things than you realize. It’s easy to lose track of where our money is going if you’re not keeping track.
GnuCash is free open-source personal finance software that can help you track how much money is coming in and going out. We started out with Microsoft Excel when we set up our first budget.