The Proverbs 31 Woman and Basic Money Management

 

I don’t know about anyone else but money problems definitely keep me up at night. And I am glad to know that even the “Proverbs 31” woman is up late at night trying to make sure that there’s enough and that our families are going to be taken care of. However, this is not a gendered based thing is it? Everyone is up late at night worrying about money. No matter how rich or poor they may seem.

Either way the easiest way I have found to manage my money is to just schedule it week by week. I know like us most of you live week to week. If you begin managing your money week to week, you will begin to worry less because you’ll know what you have. You’ll also realize, that you have more money than you thought. Seriously because of payment scheduling, we were able to afford a much needed new car. The hardest part is sticking to it to be honest.
Below is a printable version for you all to use until you get the hang of it. You can add this to you home management binder, which always seems to be getting bigger.

 

Monthly Payment Schedule

 

Month of:

The Goal of the Payment schedule:

  1. Communicate your weekly and monthly finances with your partner.
  2. For you to see how much money is left over at the end of the week.
  3. For you and your spouse to incorporate prayer into your finances.
  4. And finally for you to take control of your money and see where you can set realistic goals.

 

Example of a month with one income (only take home goes into the schedule.):

 

Date of Check Check Amt Bills Amount Due Due Date Date Paid Balance
10/4/17 $1000 Bills to be paid on this check What’s left at the end of bill payment for that week.
10/11/17 $1000
10/17/17 $1000
10/24/17 $1000

 

Week one:

Check Amt bill amount due due date date paid balance

 

Week 2

bill amount due due date date paid balance

Week 3

bill amount due due date date paid balance

Week 4

bill amount due due date date paid balance

 

week 5

bill amount due due date date paid balance