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10 Must-Know Personal Finance Tips for Moms’ Financial Success

Penny Pinchin' Mom

Just calculate the difference between your assets (things that bring you money or positive financial value) and liabilities (things that take money out of your pocket). Things like your savings account, your retirement fund, your house, investments accounts, real estate…these are all assets. Tracking your net worth is simple.

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Create a Monthly Spending Plan | 31 Days to Organize Your Finances

Family Balance Sheet

At this time, I do not have an excel spreadsheet for you to download, but I found an easy pdf for you to use– make a budget worksheet , or create your own excel budget, or just use paper, pencil, and calculator at this time. Categories could include, but are not limited to: rent/mortgage. Personal Escrow Fund. car service.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

calculator. This could be your rent/mortgage, utilities, loan payments, anything that has a due date. Write down any events/holidays/activities that will require funds for the month that you are planning, along with a projection of what you’ll need. Calculate the simple math equation: Income – Expenses = X.

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