Cash Flow Analysis - Chladek Wealth Management

How To Create A Family Budget You’ll Actually Want To Stick With

John Chladek2021-09-01T16:30:24+00:00September 1, 2021|Blog, Cash Flow Analysis, Family Financial Information|

Budgeting is (for most people) a concept far easier said than done. Setting a budget is one thing, but sticking to it can feel tedious and limiting. The snag is, building and following a budget serves as the foundation of solid family financial planning. If you know you should do it but haven’t had much luck in the past, the question remains: How do I build a budget I’ll actually stick to? Thankfully, the answer [...]

Budget is a Four-Letter Word

I’ll make this short and sweet: budgeting to the minute detail doesn’t work for everyone. Typically, people who are “spenders” in the first place are not truly detail-oriented in their lives. Setting a budget out for each dollar they spend is not going to be successful because one issue (i.e., you realize at the store that you need plastic baggies for school lunches) could break your grocery budget for that week. If you accidentally forget [...]