Oh, the money fights and money problems. Some of you know this conversation all too well. The subject of finances came up a lot when my husband and I first got married. We were always trying to figure out the most efficient way to get the most out of every paycheck.
Those conversations were not always the easiest. I don't know what it is, but whenever the topic of money would come up I would have to prepare myself like I was going into a boxing ring! I longed for the day where we could say goodbye to our money fights and problems that would always somehow arise.
Our original system looked like us sitting down once every 2 weeks and going over the bills that would need to be paid those 2 weeks. I would then send out an itemized list of the bill, due date, and the amount and then kinda (if our communication was on point that week) checking off what was paid. Sounds pretty easy right? Nope. Didn't work for us. And here's why.
- We would often budget only for our bills and then have leftover funds that were not assigned to any category. This would result in us spending aimlessly on things we didn't even need!
- This system was extremely time-consuming because I was budgeting every 2 weeks versus monthly.
- Sometimes we wouldn't spend all of one category in one transaction and it was hard to keep up with what was leftover. For example, if we budgeted $150 for groceries every 2 weeks, I had no way of tracking what was left over unless I noted my expenses every time I or my husband went to the store.
The process was dreadful to say the least and we always seemed to ask ourselves, "Where did all of our money go? Did you spend too much money at Target? Did you go shopping again?" Can you say money fights and money problems?
The App That Changed It All
In comes the EveryDollar app! This app has turned our money fights into money victories every month. Did I mention that it was FREE? So the way the app works is you set your monthly budget for every month in the app and your certain allowances in every category. The goal is to assign every dollar in your paycheck to a category. You can easily track your transactions in the app as well so you can know what you have left over in every category!
These app has changed my marriage and the way we do finances in our home. We tell our money where to go versus our money disappearing every week! The sweet thing about the app is that both you and your spouse can download it on your devices so you both can see what transactions are taking place and communication is always open and consistent. Can you say win?
This is so huge for me. I love the way this app has changed the communication between my husband and I. We are experiencing true freedom in our finances! Budgeting doesn't tie you down, but it actually frees you up to spend without guilt! Say goodbye to money fights and money problems using the EveryDollar app!
So I'm curious - have any of you used this app before? What does budgeting look like in your family? Looking forward to learning from you all!