I came upon this looking for budgeting info, and I appreciate the simplicity of this step 1 portion. There's a step that I might suggest for or during the spending log, and that is: getting a basic understanding of cash slow, or how income, expenses and debt match up so you are aware of the money you have to work with.
A simple Web site called DebtSpark (http://www.debtspark) allows users to input this basic info and store and track it over time. Very useful and a nice alternative to a spreadsheet.
- 11/16/2009 5:50:42 PM