3.09.2011

DIY Budget Board

Is it some unspoken rule that you must be poor to be a newlywed?
Seriously.
Also, every time you feel like you might finally be saving some money the Universe must get news of it and then it tells your windshield wipers to run over each other while its raining thus impeding normal wiping capability and resulting in expensive repairs and bad driving visibility.
Thanks Universe for trying, but we are going to make it any way.
You know why?
Because we budget.


A few weeks ago I made this budget board for us to start getting a better handle on our finances.  Its empowering when you know where your money is going and how much of it is going there.


What you'll need:
string
nails to tie string around
tiny clothes pins
envelopes
a large picture frame
and some discipline and will power (this is the hardest of all of the supplies to find)



This idea came to me one Monday while I was driving to work and I was thinking about how we could budget better.  It works well because:

1. Spending cash is harder than swiping a credit card.  
-When you are holding your hard earned money in your hands you are less likely to be impulsive with it.

2.  What you see is what you get.  
-When an envelope runs out of money, its out and thats it.
-Sure you can pull from other places, but it is a bit of a sacrifice to have to take the money from somewhere else.

3.  Everything has its place.
-When you place cash in to each envelope there is no room for careless impulsive spending.
-When you go grocery shopping take only the "groceries" envelope and it will limit your spending.



(I like to slip an extra $20 in here every once in a while)
We can dream right?



By no stretch of the imagination do we have this all under control, but we are on the way.

Let's just hope no robbers read our blog.

So, if you are a robber, the envelopes are just a decoy and the money is really somewhere else....

20 comments:

Monique said...

I canno agree more with you! Just when you think that you are making some headway...bang!...the universe throws a curveball. Take it as a learning lesson, and if not that, chalk it up as an "experience." I love this budget board idea. Think I might make one myself.

lindseyclaire said...

love this idea! even though i don't have much to budget for now, i might do this anyways. :)

Amylou said...

that is a neat idea, but it would make me nervous in our area of town. Maybe I could try something similar without actually putting the money in. At least we would get the awesome visuals!

Kell said...

I really love this idea! And I think I'll make my own.. just a smaller version, because I'm single and very poor. Ha.

Abbey said...

I LOVE this idea! Smart, and cute. :)

Maggy said...

I LOVE this! You have to make a less fun thing LOOK fun, and you did it so well! Love the birds...

Curves ahead makeup said...

Love this idea !!! Omg I'm so trying it !!! Dreams do come true I went to Paris last year , yes I know you hate me now !!! But come on just had to tell you

Your biggest fan

Rachael said...

That's a great idea!
I never use cash, but that's a great way to use some!
It looks great too, more of a reason to actually use it!
Let us know how it works out using it!

Preston & Syd said...

Such a great idea! Budgeting as newlyweds is so tricky! I am still trying to get a handle on it! Thanks for sharing this idea! I might just have to try it out! :)

Ashley said...

Very cute idea!

Diana Smith said...

SUCH a great idea! ITs so true, as a newlywed you never have money to do the fun things! Just bills and more bills! Great ideas!

Kayla said...

Love this! Way to turn a boring thing like budgeting into a fun DIY project.

Haley K said...

loved this post!! good call with putting tithing first :) And for pete's sake...the typewriter stamping (did you use stamps) was SO cute!! if it was stamps, where did you get them?? Anyway, good luck with the budget! we're constantly working on sticking within our means too...some times harder than others, but really pays off! (did you catch the pun?;)

everyone calls me bon bon said...

So cute! I've done the envelope system before, but never this adorable! What a great idea. Isn't newlywed life the best?:-) xoxo

Lissa Clair said...

such a cute idea. and i chuckled at the last line.

Yours Truly said...

Ok, I am SO happy I found your blog.
I want to make that board...NOW!
I am the Paris/shabby chic type and need that board. SO cute!

xoxo
www.stephanieandsuch.blogspot.com

Rach said...

So great! Love this idea, a constant (cute) reminder.
And also, your blog is fabulous, love the lay out.

Jen Hammer said...

I am in LOVE with this idea! I think my husband would love it too. Thanks so much for sharing it, I'm definitely gonna give it a try :)

Shalyn said...

You are so funny, and not to mention a GENIUS! I love this idea!

angela's eyes. said...

i NEED to do this asap. and a fun little decoration makes it that much more awesome!

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