Join the community at My Family On A Budget of over 4,800!
Welcome To MyFamilyOnABudget.com!
I'm so happy you dropped by here at my personal finance website. I try to write personal finance stories going through life with 2 girls. I aim to inspire, motivate, and educate while laughing along the way beating debt and building wealth.
Personal finance has been a passion of mine since my wife and I took Financial Peace University back in August 2011. You can read our entire story here. Since then, we've paid off all of our debt other than our home mortgage, totaling over $27,000 over 2 years. We've continued to work the FPU baby steps and now have a fully funded emergency fund as well as are actively investing.
This website aims to inspire you by sharing our net worth reports, motivate you by sharing different stories of people winning with money and educate you with informative personal finance articles that are easy to read and relate to with actionable content that you can put into place right away.
I hope that you will grab a cup of your favorite beverage, mine is coffee flavored with french vanilla creamer, and read and take action on the information that's being shared here! Hopefully, as you learn to get control of your finances as well, you will share your story to help motivate and inspire others as well. We are here to learn from one another and I can't wait to hear your input on any of our posts in the comments section of your favorite posts!
Alright, here goes! My first real Budget Report/Net Worth Update! What Happened This month was a pretty good month overall, but I think with how the paychecks fell at the end of the month, our stats were showing a little skewed. We will see next month anyways. We got a good chunk of money put away into savings this month getting us all that much closer to our Fully Funded Emergency Fund of 6 months of expenses! Can’t wait to get that done so that we can start investing, saving for kid’s college and paying off the mortgage! Net Worth […]
Today, I wanted to tackle a question that I found on Facebook: I have direct deposit with my paycheck. How do you recommend doing the envelope system after my paycheck has already been deposited? By having direct deposit, you are already making your life easier. You are having your money deposited into your account, many times sooner than expected in my experience, and don’t usually have any wait time to access your funds. That is very nice news! As far as doing the envelope system after it’s already been deposited, all you have to do is make a nice little […]
So, 49 days in and I am still going strong! I have had a setback or two, but am still doing well. This was supposed to go out yesterday, but time got away from me, so I’m finishing the post this morning. Here’s my success story so far! I was very happy to step on the scale this morning and be pleasantly surprised that I was now down below 215 lbs! Today’s weigh in puts me over 15 lbs lost overall, so I am now about 1/3 of my way to my goal weight of 185! Workouts My workouts were […]
Sinking Funds can really be a way to smooth out your budget and help you save for irregular expenses.
Last night I got up the courage to go out and try my legs at running/jogging again. It was right after dinner and after looking at my watch, it looked like the weather would hold off for a little while, but I wasn’t sure how long. But, I wasn’t letting anything deter me. I got out there and fired up my watch for my first “outdoor run” workout. Of course with the Apple Watch, you have to carry the phone with you for the first 20 minutes of exercise so that the watch can calibrate your stride and pace better. […]