Money Management

How to Create a Budget

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This is an excerpt from Day 7 — "Create a Budget" — of Automatic Finances: 17 Days to Your Financial Freedom. Budgeting can be the most important act for anyone looking to get better control of their finances. With a budget, you establish exactly where your money is going how much you will be saving [...]

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Money Management: ToughMoneyLove

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Continuing our series on Money Management by Personal Finance Bloggers, today we're talking to ToughMoneyLove, who blogs at the site of the same name. Yesterday, we chatted with Jeremy of Generation X Finance. Mr. ToughMoneyLove, who has one of the best "about" pages I've ever seen, writes at http://toughmoneylove.com and http://gotoretirement.com. How do you spend: [...]

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Money Management: Generation X Finance

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Everyone manages their money a little bit differently — but how do the people who love to write about it doing it? Today, we're going to begin a series on Money Management by Personal Finance Bloggers, highlighting prominent bloggers and how they manage their finances. I asked members of the MoneyBlogNetwork forums questions about their [...]

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Why I Track My Spending, Not Budget It

I've asked you before about how you manage your spending: do you budget it or track it? It's a question that everyone can answer differently, but I've generally found that it falls along one path: if you're starting out your financial journey, learning how to better manage your money and haven't built the good habits [...]

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How to Be Lazy (And Succeed in Money Management)

Let's be honest: most of us would love to spend less time worrying about our money. Maybe you're not a procrastinator at heart, but when it comes to managing your money, you can succeed by being lazy and doing less. I've talked at length about why investing is a lazy man's game: buy index funds, [...]

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How to Manage Your Personal Finances Online

While Automatic Finances teaches you how to use account aggregators, online banking and automated systems to manage your finances, there are a number of Web tools we don't go into. From finding a virtual financial adviser to stock-picking advice to forecasting your future financial situation, new Web tools to manage your personal finances seem to [...]

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The Balanced Budget: Every Penny Has a Purpose

When I first started tracking our spending, it was mostly to determine where our money was going. Although we had spending targets set for each category, we weren't really sticking to the numbers — just aiming to be around them. While that system works for us, you may need something like the envelope system to [...]

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