Evolving Personal Finance » Entries tagged with "money management"

October 2016 Budget Report

November 4th, 2016 | 3 Comments

October 2016 Budget Report

This month, Kyle and I finally FINALLY had the money management conversation(s) we had been putting off for so long. As a result, we are making some updates to our finances:   1) We are going to live off of Kyle’s income alone for our monthly spending, short-term goals, and long-term goals (retirement). We are going to use my income to fund our mid-term goals. This means that we are, for the first time in our marriage, … Read entire article »

Filed under: month in review

Revamping Our Money Management System

October 6th, 2014 | 31 Comments

Revamping Our Money Management System

Kyle and I have had a fairly stable money management system for the last few years, which we laid the basis for shortly after we were married. I have trumpeted its benefits in many blog posts over the years and think it worked very well for us for those years, though it was probably more hands-on than most people would like.       In brief, our money management system between 2010 and 2014 was to: Practice percentage-based budgeting in … Read entire article »

Filed under: budgeting, targeted savings

Pulling Back the Veil on Our Daily Money Management

May 27th, 2013 | 31 Comments

Pulling Back the Veil on Our Daily Money Management

I thought it would be helpful for some to get really into the nitty-gritty of how we manage our money on a daily (or at least monthly) basis.  It’s simple to say “we have joint accounts” or “we use Mint” but what does that really mean?  (You can reference a copy of our current budget if you like.)   Start with a Clean Slate   On the first of the month the only money in our checking accounts is … Read entire article »

Filed under: budgeting, credit cards, found money, side income, spending, targeted savings

Upcoming Transition and a Potential Financial Overhaul

January 23rd, 2013 | 37 Comments

Upcoming Transition and a Potential Financial Overhaul

I believe I’ve mentioned this a few times on the blog but haven’t explained the full scenario: Kyle is striving to finish his PhD this spring (or, less optimistically, over the summer).  He is currently looking for his first post-PhD job, a postdoctoral position, which is essentially additional training in the lab of another faculty member and will last 2-5 years.  Good news: this job transition will come with approximately a 40% raise over his … Read entire article »

Filed under: budgeting, transitions