We’ve all worried about our finances at some point or another. But the truth is, creating a family budget that actually works is easier than most people think! Especially with the right resources. That’s why I’ve compiled the best family budget planning tips to help you successfully take back your family’s financial freedom!
Make a Family Budget
Are you struggling with figuring out a system that works for your family budget? You’ve come to the right place! Here you’ll find a ton of resources to guide you through setting up and running the perfect budget for your family.
Our Family Budget Spreadsheet Saved Us From Bankruptcy
When I graduated with my Masters in Business (MBA) in May 2010, I had $99,856 in federal student loan debt. If you’re familiar with bankruptcy law in the United States, a federal student loan is literally the only type of debt you cannot have discharged. Failure to pay your student loans back can ruin any chance you have at financial freedom.
The weight of this debt was crushing. The lowest I could get my monthly payment was upwards of $800 a month. That’s a rent payment in most areas!
It didn’t take long before I found myself crushed with credit card debt.
When I got pregnant unexpectedly in January 2012, our family budget didn’t look too promising.
During my pregnancy, we had to defer my student loans which meant I was capitalizing an insane amount of interest into the principle of the loan. On top of that, we were drowning in monthly credit card payments.
It truly felt like we would never get ahead. We were spending way faster than money came in and we had no idea if we’d have enough paycheck to paycheck to pay the bills.
This is when I came up with a budget spreadsheet that was a game-changer for our family budget. This easy family budget plan allowed me to project our cash flow out for the entire year.
Family Budget Tools To Help You Succeed
#1 Ultimate Family Budget System is our BRAND NEW system for managing all aspects of your family budget.
This is your all-in-one resource for claiming control and enjoying financial freedom with your family budget!
Inside We’ve Included…
- Family Budget Spreadsheet: Manage your family budget in under 30 minutes a month
- Debt Payoff Tracker Spreadsheet: Use the snowball system to get out of debt fast
- Ultimate Money Planner: 20 pages of family budgeting and tracking sheets
- 10-Pack of Cash Envelopes: Formatted for either cut-and-fold envelopes or A6 plastic envelope labels
If you’re in need of a complete solution for managing your family finances, I really think you’ll enjoy this system.
If you run an online business, our Ultimate CEO Spreadsheet is the equivalent of the Family Budget System but for your business.
#2 Ultimate CEO Spreadsheet everything you need to plan, track, and crush your business goals!
21 power-packed tabs that will help you with…
- Strategic business goal planning
- Content planning for your website, email marketing, and visibility
- Sales funnel planning and tracking for optimal conversion rates
- Financial planning, tracking, and review for both income and expenses
- Live launch tracking and reviews to help improve performance
- Vital business recaps every month and year – make informed decisions using real numbers and stats