This week's Parent's University topic is one that is a favorite of my husband--finances! Don't forget to check over at Kat's blog for other contributors and to add your two cents.
My advice on finances? USE A BUDGET! I love having a budget. When Sam and I first got married I fought tooth and nail against being "put on" a budget. I couldn't understand why it was so important to him. I thought it was the silliest thing I had ever heard of, but Sam persisted.
Now, three kids later, I am SO very happy that we had a working budget before we had kids. It has made dealing with finances so much easier. Sam and I simply do not argue about money. Ever. Everything is decided ahead of time, so except for really big purchases, we don't even question each other about where money is going.
What are the benefits of using a budget?
Confidence that your bills will be paid and you will be able to save.
Peace of mind in knowing where your money is going.
Freedom in spending money how you choose.
Fun. It's like a game in some ways!
(That probably sounds nutty, but I love to find deals! Anything I save in one area means more I can use in another area OR more that we can put in savings!)
What are some ways that you and your family handle your finances?