A few weeks ago my wife and I sat down and made a nice simple budget for 2007. Usually I pretty much stay away from budgets. I just can’t stand them! It isn’t so much that I want to spend everything that I have, it is more about keeping to it. The ironic thing is that I tend to be a numbers guy, I like to watch my stocks, I want to know pricing on building this or that product, yada yada yada, except when it comes to a budget.

Perhaps it is because with a budget it is money going out, not coming in. Whatever the reason, I am definitely going to try to stick to this one. We have set certain goals for this coming year on several things, as well as targeting a 2 year plan. The usual things are there, like paying off credit cards and building an emergency fund, that we plan to accomplish in 2007. While we are certainly going to be aggressive in our execution I plan to take my own advise and not work so hard on the budget as to forget about ourselves.

Some of the money that we are budgeting will towards things that we really want to do, such as home improvements. Nothing large, but rather small things here and there more to please ourself than to increase the value of the house (although hopefully they will!).

We would have started sooner, but Christmas is not a good time to completely rearrange everything, at least not for us. So, come January we will be putting our plan into motion and hopefully by February we will be on our way.

budget, finance, goals, income, Personal FinanceDon't miss anything, subscribe!