So you think you want to buy a house?

You’ve heard it before — buying a home may be the biggest financial decision you ever make.  So it’s imperative to approach it with solid budgeting principles. And at Goodbudget, that means we start by budgeting with a why. Our desire to own a home can stem from many places, whether something deep within ourselves, … Read more

Pen and paper to app

I used to do all my budgeting with pen and paper. Then Goodbudget started growing on me. The way my old pen-and-paper system worked: At the beginning of each month I wrote down the amount I received from my paycheck Subtracted my recurring expenses Deducted expenses from my total every time I made a purchase … Read more

Budgeting with Financial Aid

With Fall fast approaching, students everywhere are leaving their nests to set off to college. With more and more students taking loans to finance their education, however, learning how to budget and live off student loans is more important than ever.

The hardest part about budgeting with student loans is that you get it all at once. With a pile of cash in the bank, it’s just too easy to look at your bank balance and think you have more to spend than you really do, leaving yourself short in the months ahead. To make sure you don’t overspend, treat your student loan like an income you receive over time. If you’re borrowing 6,000 to pay for the next four months, treat it as a monthly budget of 1,500 (6,000 / 4 = 1,500) that you’ll need to maintain each month. That way, you can be sure you’ll have enough to cover your needs till your next loan disbursement.

Read more

How To Talk About Budgeting

Anyone who’s tried, knows. Sitting down to talk about money can be stressful. Whether it’s a spouse, a child, a dependent parent, or even a roommate, our lives –and our money– are interwoven with those around us, and with that comes conflict. We enter conversations about money with the best of intentions, but often leave frustrated or even resentful.

Read more