Comments on: Elite Edge Money? Budgets are NECESSARY!

By: Rita

Rita — Sat, 05 Nov 2022 23:03:23 +0000

What a great article. Yes, Elite Edge Money. They are the basis of everything. J. Money was so brilliant to think of that great name as away to get people to take a look at this basic money management tool.

By: Joel

Joel — Tue, 14 Apr 2020 21:51:58 +0000

In reply to Linh. Love that you included wine as a necessity! I'm in the same boat - we have a hefty alcohol budget for our family. :)

By: Joel

Joel — Tue, 14 Apr 2020 21:46:42 +0000

In reply to Steve Crowder.

Cheers Steve. Yeah, whenever I feel lost or uncertain it’s helpful to go back to the beginning. For me, it starts with a black and white budget.

I hope your family and friends are all OK and staying sane. Be safe!

Joel

By: Linh

Linh — Tue, 07 Apr 2020 04:10:46 +0000

Budgets are definitely not sexy, but agree that it’s necessary. That’s why I let my husband do it. Ha. As long as I only spend on necessary items like food, gas, and wine, then he is able to make the budget work for us. It is amazing how sticking to a budget helps us feel more secure about not only our financial future but that of our two kids, who hopefully will go to college one day. Thanks for the reminder Joel.

By: Steve Crowder

Steve Crowder — Mon, 06 Apr 2020 14:31:37 +0000

With all the changes happening around our personal and financial lives, it’s important to get back to basics on the budget. Thank you for your post and advice.

By: J. Money

J. Money — Fri, 03 Apr 2020 10:35:46 +0000

In reply to Kathy.

That’s the sweet spot right there – when it’s ingrained in your *habits* like that! Good job! (And for treating yourself now too – that’s also important to do when you’re able! :))

By: Kathy

Kathy — Thu, 02 Apr 2020 21:58:08 +0000

I no longer closely watch my budget like I did when I first started learning about personal finance and budgeting. It has become second nature for me not to squander money, but I have also learnt to spoil myself a bit. A few years ago I was developing my farm in my home country and did not allow myself or visit home any fun for four straight years. It was brutal, but I met my goals and have now loosened the budgeting strings. However, I still save a sizable amount every month. I am grateful that I have a secure job a well and pension.

By: Joel

Joel — Tue, 31 Mar 2020 13:48:16 +0000

In reply to Francis. An excellent plan indeed!

By: Francis

Francis — Tue, 31 Mar 2020 02:30:19 +0000

We’re mourning the loss of the high water mark in net worth, that’s all.
I didn’t sell a thing, so I still have all the shares waiting for my future self to do something interesting. We’ve never waivered from tracking our spending. Cutting things that we no longer value and spending on the things that we do has been the ongoing plan.

By: Joel

Joel — Tue, 31 Mar 2020 01:13:57 +0000

In reply to Nita.

You definitely can balance a tight budget + happiness. There are 1000’s of examples of people doing this… Living frugally and happily. You can do it!

The thing I love about building home equity is it’s kind of ‘out-of-sight, out of mind’. A slow process over many years, but the day you move/sell, it’s nice to realize your savings in full fruition.

Awesome you can’t be fired. I’d love a job like that ;)