DISCLAIMER: This is not a sponsored post. I have no affiliation with Dave Ramsey or Every Dollar. I am just one of those psycho control freak nerds who loves to budget. : )
Some of you may know Tom and I follow Dave Ramsey's Financial Peace University plan. I just wanted to share something. We thought we were doing everything by the book - literally. We thought we were following his financial plan to a T and that we were the poster children for FPU. Nope. To be completely honest and transparent we have been pretty frustrated with each other lately. I actually wrote a blog post about it HERE. The last few weeks have been difficult. (I know, I know - GASP! Someone is openly talking about their marriage problems online?!") It's better now though! And I want to tell you why (other than the reasons I gave in my Marital Mayhem blog post).
Like I said, we thought we were budgeting and planning out our money so wisely. We're Dave's "biggest fans" right? We are! But we were still in suuuuch a marital funk and couldn't figure out why. We were just frustrated with each other for *seemingly* no reason at all. Everything was fine! Or so we thought. I sent Tom a text the other day and told him I was sorry for being so snippy with him lately. He replied and said that he loved me very much but that he thought that some of the frustrations we are having were money related. I thought, "WHAT? Money related? But but but...we're FPU graduates! We don't have money frustrations!...DO we?" It turns out we did.
It turns out we were wrong. Instead of telling every dollar of our money where to go every month we just kept a rough estimate of our spending. This is just an example - Say our food budget was $5 for the month. (Again, just an example!) I'd semi-aim for spending under that amount but if I went over, oh well. What's a few dollars over budget? Well, a LOT when you're trying to save a down payment. A LOT. Then, car problems kept popping up and we just lumped that into our "groceries" category and always went WAY over the limit in that category. We just had no idea what we were doing.
We had heard Dave keep talking about his new budget tool called Every Dollar on his show but we never tried it because we thought we were doing great! Well, amidst our frustrations with each other we decided to do a REAL budget with Every Dollar. To be honest, beforehand I thought, "Great. Now I'm going to be so much more limited in what I can spend. This is going to be so restrictive!" We went through our earnings, expenses, and savings and plugged every single dollar into Every Dollar until our money ran out. And guess what?
I FEEL SO FREE.
I didn't have a clothing budget before. I just lumped it in with "groceries" but I didn't want to spend more than like $10 for myself in clothing each month because I didn't want to take away from money for other grocery necessities like toilet paper or toothpaste. But I need clothes! I'm a mom. I've had two kids and my body is constantly changing. Not many of the clothes I own fit me very well so Tom and I have been trying to get me new ones little by little. That was frustrating when I didn't really know how much I could and couldn't spend each month. But now at have a whole, specific category just for clothes! We also now have a category where we save a good amount of money each month to put toward car repairs and a separate category for car replacement just in case. I truly feel SO free knowing where every single dollar we make goes each month. We have agreed on every. single. dollar. Now where is there room for arguments? How are we going to have money frustrations? That's right - there is no room for frustration when we're on the same page about each cent. None.
Here's a fact for ya - did you know that the #1 cause of divorce in North America is money fights/money problems? Yeah. I am not sponsored in ANY way shape or form by Dave Ramsey or by Every Dollar. It just turned my marriage around though so I HAD to say how amazing I think it is. It's absolutely free and you can even download the app on your iPhone! (I hear the app for Android is in the works). If you're tired of wondering where your money went at the end of the month instead of TELLING it where to go at the beginning of the month please go to www.everydollar.com. It might help or even save your marriage. Just sayin'! Tom made chocolate chip cookies and we made our monthly budget meeting into a date after the girls went to bed. 😄 I love you, Tom! I'm so glad we're on the same page. It has lifted a heavy load from our shoulders.
I seriously urge you to TAKE CONTROL of your money. Don't let it control you. That is a recipe for disaster. I know a lot of middle aged or older people think, "Well it's too late for me/us..."
It's ABSOLUTELY NOT.
If you want to learn more about how Tom and I handle our money click HERE.
If you want to learn about how we're already preparing for retirement in our 20's click HERE.
Happy budgeting, everyone!
My name is Hannah and I'm a lucky wife to Tom, and mama bear to two sweet girls - Charlotte & Rosalie. Coffee, lipstick, sunshine, and dresses are some of my favorite things! I love to blog about God, motherhood, "wifeyhood", food, health and much more.
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