Browsing Category

Money

Money

Reader Question: Household Finances

Sale PSA: A very cute fringe trim sweater from Free People, now under $85, an asymmetric wool/silk blend Stella McCartney sweater, now under $290 (I’ve tried these on and the material is very soft), the Free People embroidered dress I reviewed here, now 30% off, and a great little ponte jacket from Bailey 44 that I love – super comfortable, and could be worn to the office, or casually – now 40% off. 

Money is one of those super touchy subjects, which is why I rarely write about it. Plus, I’m utterly unqualified. I receive quite a lot of questions about it though (apparently you guys are all like me – secretly very curious about others, but not willing to divulge anything yourselves!), and so I decided to attempt another post. Here is the question, which I’ve received in various forms a few times, from the sweet M:

…can you please share what you are comfortable with for how you and Mr. Feather do your budgeting? Me and my husband feel like we’re always falling behind, and can’t keep track. Thanks…. 

I’ve mentioned before that in our home, I manage the money. It’s a task that I kind of loathe at most times, but that I also enjoy in some perverse way – kind of like making checklists and checking them off….ahhh! So satisfying.

Here are the absolute musts we follow when managing our own household – and of course as always, I’d love to hear yours too.

 

1. Find some way to track your spending/net at a macro level, and only if you have time/feel like it, at the micro. The macro is the important one – you should know on a rough level where you are in terms of debt, assets, long term savings, and any other “goals” you might be saving for. I know that this can be a drag (and after kids, depressing), but you have to do it! It’ll be worth it down the line and you’ll be so glad you did, when you’re cheering over mimosas during your retirement. I have a very basic excel sheet – it has all of our accounts listed, mortgages, etc, and each month I write down the updated numbers in a new column. This allows me not only to get a good handle on everything, but also to track trends over time. Continue Reading

Tapas-24-Bikini
Money Travel

Small Savings – Travel, Part Two

A few weeks ago, I shared some of my cost savings tips for travel in a post from my “Small Savings” series. Here is part two, and the last of it (for now…I keep thinking of more!). Travel in…

One of my favorites
Money Travel

Small Savings – Travel, Part One

Travel is one of my favorite hobbies in the whole world. To me there’s few things better than the anticipation a week or so before a trip – scouring through various TripAdvisor reviews, looking through guidebooks, and dreaming of…

Screen Shot 2013-08-22 at 1.58.02 PM
Money

How I Budget and Save – A High Level Overview

I’ve received a few requests asking about how I manage the budget in our household, and approach our savings goals. In the spirit of full disclosure of the obvious, I am definitely not a financial expert. My savings philosophy…

Financial Books
Money

Favorite Reads: Money

As some of you know, I love to read and once in a while receive inquiries about which finance books I might be able recommend. I have to admit that while I am very interested in personal finance, I…