Building A Budget 1

I’m Miriam Neff and I’m Valerie Neff Hogan with Wise Women Managing Money.

M It’s never too early to build healthy spending habits.  In my experience what worked as two college newlyweds had to change in many seasons to come.  We learned time spent on healthy spending habits was golden time. 

V Here are starting guidelines.  Set expenses using these categories.

Fixed expenses, those are mortgage or rent, utilities, car payments, and insurance.

Variable expenses like grocery, eating out, clothing, and entertainment, and then a savings account for retirement or emergency savings.

M Important Build in generosity Remember it’s all God’s on loan to you.  You might miss his full blessing if you sideline Him and leave Him out.