Jan. 3, 2008 - Financial Shape 2008 Challenge

I am a daily reader of a great Frugal blog called Money Saving Mom. Crystal is hosting a year long challenge to help "encourage families worldwide to live on less than they make and take personal responsibility for their finances". The first step in this challenge is to commit to getting on a workable budget.

I have decided to participate in this year long challenge as our family is in super need of a budget. We had one at the beginning of last year, but in August of last year we got hit with a huge unexpected budget breaker and we haven't been able to recover from that. We really need to get ourselves on a budget, which I have been working on for the past week. I just haven't completed it yet. I am using the Mint site I referenced yesterday. We don't have any major debt as we are renters and we don't have any credit cards. I would like for us to have a workable budget, stick to it and get ahead this year. We took the Crown Biblical Financial Study in the fall of '06 and it really helped us get on track. We need to get back on track and this challenge will be a great tool for our family to get back on track.

If you would like to join the Financial Shape 2008 Challenge check it out at: Money Saving Mom. Crystal is the host and she will be very helpful in this financial challenge.

I will update my budget as soon as I get it all pulled together. May you be blessed abundantly for those who are participating!