So, after finishing the book The Money Saving Mom Budget recently, I have realized that I need to do a better job of managing our finances. I used to be very organized about our budgets and bills and had a very nice system in place, but ever since baby #2 arrived, I have let everything slide. I spent 2 hours this morning purging my office area of bills and other paperwork. Many of them were bills that I had duplicate copies of because I had forgotten to pay them, or worse yet, used the "shut-off" notice as a reminder to pay my bill when the money had been sitting in my bank account the entire time. I know that this is not the way that I want my finances to be, so today I decided to make one small step towards making the change. I got rid of any duplicate bills and only kept the most recent copy so that I know exactly how much money I owe to where and was able to pay off a good part of the bills this afternoon. The other thing that I did to help with organizing our finances was to put a new calendar next to the computer (where I keep all of our bills and do all of our online bill paying) and put all of the dates of auto withdrawals for different bills on it. I hope that with time I will be able to get my old system back in place because it did function so well for us. I have spring break coming up in a few weeks so I am hoping to spend that time off from school and work reorganizing a lot of things (finances included) while I have a good amount of time all together to start and actually finish some project. Any tips on how you organize your bills and bill paying? I'd love to hear it!
No comments:
Post a Comment