Setting Up a Budget

January 15, 2009

The past couple of weeks I’ve been organizing my finances and trying to set up a budget for the first time. It has been a very difficult and time consuming process which has really opened my eyes to just how irresponsible I’ve been with my finances my entire adult life.

In addition to setting up a budget, I’ve been setting up a debt snowball to eliminate my cred it card debt. Lastly, I’ve been getting a jump on preparing my taxes. I have already begun the process of transferring balances to lower interest rate cards and trying to minimize my credit card usage to get things under control. I’ll  have everything worked out and a solid plan in place by next week.

This process has been just as depressing and overwhelming as it has been empowering.

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