Well, I made it to the end of this challenge and I have to say, living on a cash budget just isn’t for me. I’d be lying if I said it was, but holy balls it’s hard! I’m used to counting my pennies, but staying on budget is haaaard.
What I learned from the February Financial challenge is that:
a) Having a family budget and sticking to it is really important. I live in reality though, where nails ruin your tires and summer camp has to be paid in full… in March o_0, and my poor new budget that I set up at the beginning of February just didn’t account for those two things happening so soon. Lesson learned. Moving on.
b) Watching ‘Til Debt Do Us Part” totally prepared me for this challenge, but it was still a lot of work getting through the challenges myself rather than just watching other people do it on tv.
c) Reading GVO’s book Money Rules is like having her stand over your shoulder giving you all the great advice you need to be financially savvy, it even has her accent. True story.
At the end of the day, since I’ve yet to win Lotto 649, the Money Rules are a great stepping stone to getting my family to financial security.
My favourite GVO money rule for this week? Rule #23 – Make a budget!
During the month of February I participated in the P&Gmom #SavingMadeSimple Family Financial Challenge and shared financial tips and challenges with you. Join me as I journey through this challenge and learn how I’m getting my family through these “daycare years”.
Want to follow along with the #PGmom team as we take on this challenge?
- Follow the #SavingMadeSimple hashtag on Twitter, Facebook, Instagram, all over the interwebs actually
Disclosure: I am a P&Gmom/mamanP&G. As part of my affiliation with this group I receive products and special access to P&G events and opportunities. The opinions on this blog are my own.