Are you wanting to figure out how to budget without giving up all the things you enjoy? Do you need to set up a budget so that you can afford these high gas prices and the effect it is having on our finances? There are good ways to budget and bad ways to budget, but it mainly comes down to having the discipline to follow the budget you set up for yourself. Here are some tips to help you out.
First, do not forget to include things like oil changes, car registration, extra Christmas spending, hair cuts, and other expenses that are not always a monthly thing. When you forget to budget for these types of things they tend to sneak up on you and throw your entire budget out of whack. If you budget for them ahead of time, then the money is already there when they come along and you do not have to worry about it.
Second, make sure you give yourself an entertainment budget. You would be setting yourself up for failure if you decide to cut your entertainment budget or even make it less than what you are going to need. This needs to include anything you are going to spend money on for entertainment, even movie rentals, popcorn, and other things you might not think about. They do add up and they need to be figured in.
Third, get a second savings account that you cannot access with an ATM card. This is probably the most important tip on how to budget because this will allow you to stash money away without 24/7 access to it. This will keep you from getting money out of this account when you know you have budgeted for something else. This is where all your savings for things that are coming up in the future should go.