Does a windfall cause you to overspend?

Monday, June 30th, 2008

Do you lose track of "un-budgeted" income? Sometimes our plans for extra money don't add up. When we anticipate a tax refund or a stimulus rebate or a job bonus or other side income, we start to spend it before it actually arrives - and many times the math does ...

Mrs. Rocket on groceries

Sunday, May 11th, 2008

Mrs. Rocket has posted here before and I am trying to convince her to guest post on Rocket Finance at least once a week. I think it would be great for this blog if we heard from her regularly. (Yes, it has taken me almost a year to figure this ...

More frugal relativism courtesy of Wendys

Tuesday, May 6th, 2008

One of the reasons that I took a new job that moved us several states to the west was that the job change allowed for more family time. And so far, I have had more time to spend with the family. Actually, might be home too much now and I ...

How do you deal with a budget deficit?

Friday, May 2nd, 2008

Earlier this week I shared that I use Excel for our family budget. In the spreadsheet I have set the formula in one particular cell to show our average monthly surplus or deficit as we move through the year. Since we are currently making a fairly large rent payment in ...

I am a spreadsheet budgeter

Wednesday, April 30th, 2008

I first started tracking our family budget in 2005. Some of you will remember that our budget deficit that year was in the neighborhood of $25,000. I had taken a class in Microsoft Excel and decided to start plugging our numbers into a spreadsheet and see what happened. I continue ...

Time the market? I use timing to pay my bills

Monday, February 11th, 2008

At our house, we try to make extra money wherever we can. Bank bonuses and credit card bonuses made us almost $3,000 last year. A much riskier strategy, credit card arbitrage, made us another thousand dollars. I admit that making money this way is not for everyone. I don't plan ...

We are heading in the right direction (I think)

Tuesday, January 29th, 2008

So, I was looking through my Excel budgeting workbook the other night. . . (I know, I know, there are better ways of keeping track of one's finances, but I like tinkering in Excel, plus it makes it easy to set the budget for the next year, just copy, paste ...

Control the behavior, don’t just limit your options

Tuesday, January 8th, 2008

A debate over credit cards has been swirling between Ana of Debt-FREE Revolution and Madison of My Dollar Plan. I really hate to get on the bad side of Ana - she has a serious antipathy toward plastic - but I must come down on the side of Madison. You see, ...