No. of Recommendations: 30
Hi Erik,

Here are my suggestions. Sit down and write out your budget. Use Quicken, Excel, Word, a notepad and pencil, or whatever works for you. Take a month to see where you really spend your money. Judge for yourself what you want to change. You don't have to post it if you don't want to. You do need to take a hard look at the way you spend your money and figure out what your goals are. Be very honest with yourself.

Right now, budgeting is difficult for me. My husband is terminally ill and only 36 years old. We have a 4-year old son. We are lucky because my husband is on an experimental drug that seems to be at least slowing down his cancer, so we've been given time. It's easy for me to want to spend every dollar I get my hands on because sometimes I feel entitled after going through all the crap we've gone through. I needed to get it out of my head that I deserved more stuff because I was going through a difficult time. I've had other times in my life when my spending was out of control. Thankfully, I've been with the Fool for awhile, so I figured out pretty quickly, this time, that my spending was starting to get out of control again.

It's not like my family is is living without our basic needs, or even many of our wants. For us, it's a balancing act. We've cut out some of the stuff we don't really want or need, and we spend more on trips and experiences.

You decide what your priorities are. I suggest writing them down. Then you set your budget. Then you follow it. You may blow it occasionally. (I certainly do.) However, you will be on track for getting what you want out of your money.

I hope my rambling helps some. Good luck. Let us know how it goes.

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