On Cash Management

With all the bills, taxes, utilities, and a savings account to build up, effective cash management is really a must. Honey signed us up at mint.com so could have a visual map on our budget and our cash flow. We actually started last month but the results were not appealing, we figured we should wait until this month when we would already have dis-positioned our budget and expenses altogether. Good news is, April is almost over and we are still within our budget and that is really a job well done. Before mint, we would just go watch a movie every weekend that would cost us about $100 a month, buy fastfood if we feel it and end up spending $150 or so. Little things that are actually very affordable usually get us into spending more, and so we figured it was time we set a budget for certain spending categories because little expenses just add up. What's good with mint is you would know instantly where you are at with your budget and how you are doing wit it because it gives you a graphical data, and you would really want to see color green to yellow on that graph and avoid becoming red, and we really feel excited about it.

With a mortgage savings, an emergency savings fund, and our personal savings to build up, Mint isn't a bad idea at all. Not to mention student loans, car loans, and small credit card bills. Ohhhhh America!