Category: Budget and Money

Budget and Money

What is the envelope budgeting system and does it work?

There are different types of budgeting systems available. The envelope budgeting system is one of the oldest and still most popular. When you look around at all the budgeting systems available, you may find yourself a little overwhelmed. There are some systems that have been around for decades, and one of those is the envelope […]

Budget and Money

Co-parenting and money: Is a co-parent’s debt your responsibility?

Your co-parent has gotten into a lot of debt. Could this co-parent’s debt be your responsibility? Here are some things to consider. I want to start this by saying you should always talk to a financial professional in your own state or province. You should also talk to a tax lawyer and a divorce/family lawyer. […]

Budget and Money

Why your emergency fund is one of the most important parts of budgeting

Are you putting money into an emergency fund? If not, you need to right now. It’s one of the most important parts of budgeting. When I started my journey to being debt-free, I didn’t initially start building an emergency fund. Then something would happen and I’d be back in tons of debt. I realized that […]

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