Budget Party” was the name I gave to a proposed monthly date for Nicole and I to review our family finances. I was incredibly determined to rid ourselves of our $50,000 of student loans and car debt before our first child came into the world.
Each month, I took the lead on coordinating when and where the party would take place and assumed the seat at the computer first. Once we got going, we’d both provide our feedback on how much money should be saved, spent and what it should be spent on.
Nicole and I have used Mint to track our budget. The system automatically imports your bank, credit card and investment information into your monthly budget.