Growing up my parents did not have any type of system when it came to paying bills and saving. I noticed that they pretty much winged it. My Dad worked a lot and my Mom wasn't the Homemaker type. She kept a clean home and cooked. Finances weren't her thing at all. My Dad pretty much worked from sunup to sundown.
Whichfelt like seven days a week. He was exhausted when he did have his free time. As a child, I developed my own savings habits. I would babysit and pretty much save all of the money that came my way. I remember going to Bank of America with my Mom and opening a custodial account. I had my bank book and was super excited to start my journey.
As an adult, I've had not so much great moments with debt. From racking up a ton of bills to spending money I didn't have on WANTS. I remember working and going to the bank to deposit my money and every time I would make a deposit my account would be overdrawn. I didn't track my spending and bill pay and the bank was making a ton of money off of me from overdraft fees. This was way before the time of online banking and mobile deposits. I clearly had no idea what I was doing and at times would find myself wondering what happened to the young lady that took pride of her savings habits? I quickly got it together when I realized that I wanted to purchase my first house at the age of twenty-one. I worked on my wants/ needs and would not take any extravagant trips because I knew I couldn't afford it. Trust me getting to the road I'm on wasn't perfect. I've learned a lot and still have a lot to learn. Fast forward to today and I am so proud of myself for taking the step to creating a Budget Binder. For the last couple of years, I've used a folder to house all of our bills and a bill pay form. I love this system. However, I wanted a place that would include everything that's needed for my family. At some point, I would like to create a Home Management Binder. However, for now, I'm happy that I took the initiative needed to start on my debt free journey. I created a video sharing the items I decided to use and why. It doesn't take much to create a Budget Binder. I pretty much used everything that we had on hand and decided to create and use printable I found online. I will keep you guys updated on my journey. Thanks for taking the time to read this