Follow Me Out Of Debt | Get Out Of Debt And Get Into Prosperity!

The other day, I purchased a large whiteboard for the sole purpose of providing both my wife and me with a high-level overview of our budget. I highly recommend that you do the same, especially if one of you handles the budget for the most part while the other spouse is in more of an advisory role. It's a great way to keep the budget out in the open as well as having the overall debt information in front of your eyes and on the front burner at the same time.   You may set your board up any way that you choose, but for us, we started by adding our monthly income, expenses, and the difference between the two in the upper left-hand corner of the board. Below that we have the major budget item categories along with what we're spending in each category and what we've already spent so far for the month.   On the other side of the board, we listed our overall debt amount along with our current target debt (what we're focusing on paying off at the moment). Below that, we listed any upcoming expenses that have yet to