Review: A solid guide to budgeting
Rating: 5 out of 5
Date: 08 6, 2012
As the name implies this guide is simple and easy to follow.I like the fact that the author begins by putting things in perspective. When I did the exercise it was pretty clear that my family is in a bad place financially. Of course I had an inkling but setting the numbers out on paper (or in this case a simple spreadsheet) was an eye opener.The method of budgeting introduced follows "envelope budgeting" principles. Which I sometimes used in the past with actual envelopes when I was saving up for something big. This method shows how to do the same thing using a spreadsheet. It was clearly illustrated using snapshots of the tables.In the goal setting chapter I appreciated the flow diagram. It's not just about clearing your debt but constantly striving to attain the next level.If you are looking for a simple solution to budgeting without the complexity and expense of the many sophisticated tools that are available online. This little book is a great option.