By Jennifer RoddyThe Globe and MailA few years ago, my husband and I were trying to find ways to manage our household expenses.
We were trying not to overspend on things like groceries and rent.
So we started researching.
We found that many of the things we needed to be paying for didn’t exist.
I had recently found a book that explained how to do this in a step-by-step, simple way.
We didn’t need a computer, for instance, but we could use Google to find a listing of a home that met our needs.
We also found a few articles on how to build a budget.
They helped us save money, and even made us feel better about the fact that we were actually making money.
We now have a budget, and we’re not spending more than we make.
We thought we had everything under control.
The kids were playing, the kids were having fun, and everything was OK.
But then a few weeks ago, the mortgage fell through, and the house we bought five years ago is now under foreclosure.
We’ve spent our money, but it’s been a slow process.
We tried to cut back on spending, but with no luck.
Now, we’re trying to figure out how to make a new, more sustainable budget for the future.
We are trying to reduce our living expenses and our mortgage payments, but these decisions can be challenging.
I don’t have a perfect solution.
I’m not sure if we should try to buy an older home or a newer one.
Or if we’ll be able to afford to buy a home.
I want to make it easy for myself, so I know what to look for.
I know how much money to look at when making these decisions.
I also want to save some money so I can buy things that will help us have more money for the rest of our lives.
For me, this will require a budget for how much I want each month to be spending.
For some, it might be something like $100 a month.
For others, it could be a little higher.
For some, like my husband, it’s important to start with a low budget, so we can see how it changes with different expenses.
For us, it was important to have a baseline to compare our spending to.
I think we have found a way to work out how much we should be spending each month.
I hope this helps others who are struggling with budgeting.
If you are struggling to budget for your finances, you may want to check out this free resource from the National Council of Canadian Academies.