January is always a great time to get back on track after holiday spending, but it’s also when your paycheck can come with some surprises. Between insurance increases, new tax brackets, and additional deductions, that first paycheck may not have been what you were expecting.
Now that you know what you will actually bring home each week, it may be time for a budget reboot. We just finished completing our own 4th quarter profit statement, so we have a better picture of where our business income is going this year. We’ve been making some decisions in the last few days that will improve our budget.
Sometimes, you just need a quick boost to get back on track. Even one small change can jump-start an entire year of better budgeting. So, consider January your do-over month, and let’s get the family budget back under control!