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Now that we’ve transferred the car and student loans to a 0% credit card, we’ve tweaked our budget categories as follows:

Committed Expenses: 65.44% (down from 72%)
Fun: 4.30% (up from 4.16%)
Irregular Expenses: 5.38% (down from 5.55%)
Savings & Debt: 17.9% (up from 11.09%)
Retirement: 6.98% (down from  7.2%)

All the money we’re saving on the loan payments is going […]

After much internal debate, debate with my wife, and playing around with different scenarios in Microsoft Money, we’ve decided to change around some of our cash flow. Currently we’re putting about $700/month into our Irregular Expenses account and budgeting to spend $500 or less on Irregular Expense categories each month. We’re usually around $300 - […]

Since it’s near the end of the year we took a look at our overall income and spending this year and have made some budget category changes.  We were estimating too low an amount for average monthly income so we’ve tweaked that up a bit. Based on that and the financial moves we’ve made this […]

Now that we’ve paid off one of the cars, we get to tweak our budget categories as follows:

Committed Expenses: 72% (down from 75%)
Fun: 4.16% (down from 5%)
Irregular Expenses: 5.55% (up from 5%)
Savings & Debt: 11.09% (up from 7.8%)
Retirement: 7.2% (no change)

Basically we’re taking a little bit from the old car payment and putting it toward […]

In “How We Do It” I touch on my interpretation of the “60% Solution” budget. I wanted to take a little time to go more deeply into how and why we use it.
We tried many forms of budgeting over the years including strict budgets ($50/week for food and not a penny more, etc), less-strict budgets […]