I believe that you can start over anytime during the year, but the beginning of the year is always a good time to reflect on the upcoming year. Perhaps you've decided that this is the year you're going to get your financial house in order.
Last year, I wrote a series of posts on creating a budget:
- Budget 101: Track Your Expenses (and Income)
- Budget 101: Budgeting Tips
- Budget 101: 6 Steps to Create a Budget
One FREE tool that is especially helpful in creating (and keeping) your budget is Mint.com. Basically, you create a FREE account and link your bank. Mint.com will pull the information from your bank and you can create a budget and see how your outflow matches with your budget. Mint.com uses bank level encryption to protect your data, so you don't need to worry about theft or privacy issues.
Leave a Reply