Saving money has always been a fairly easy thing for me to do. Growing up, I always saved every penny I earned or received. When I’d go shopping with friends, nothing was good enough or worth spending my hard-earned money on, so I held onto it. This was very effective and allowed me to save thousands of dollars for college. However, now that I’m an adult, simply saving money isn’t enough. With bills and recurrent expenses, you can’t just never spend the money that you earn. This makes budgeting one of the most important things you can do for your family. The problem is, with all the financial info out there, it can be difficult to read, digest it, and figure out how you want to apply it to your own finances. If you’re new to the budgeting world, here is a simple guide to help you busy mommas get started!

Why should we budget?

Budgeting gives us a way to keep track of both how much we are earning, how much we are spending, and where we are spending it. Budgeting can also keep us out of unnecessary debt, or even help us pay off debts that we do have faster. Creating a budget and sticking to it allows us to reach financial goals and be in control of our money.

Why is budgeting difficult?

Even though I was great at saving as a kid, budgeting is not something I’m naturally gifted at. Budgeting has always been a struggle for me because I’m already so busy, and the thought of having to sit down and create a budget is the last thing I want to do. I think all of us moms (and dads) can relate. At the end of the day and the kids are in bed, it would be so much nicer to curl up with my