September is the new January

True story - summer is the best season for throwing my budget off the rails. Better than Christmas, Back to School and family holidays. My husband is a teacher, I work from home and we have a bunch of kids. So the combo of us being home together, the beautiful Northern Ontario weather and trying to fit all the kid fun in over the summer months - can really lead to overspending, ignoring your usual financial guardrails and falling out of routine with our financial checkups.


Is it just me?


That’s why I created a couple weeks of workshops, helpful resources + a Facebook community where we can get together and get our sh*t organized and put in place a foundation so that September is properly setup + we’ll all end the year heading in the right direction. Not only that but by getting everything properly setup now, and having a few months to run into roadblocks, we’ll have our best chance at having a great financial year for 2019.

I'm calling it: September is the new January. 

This is what'll look like:

➡️Live Workshops in the FB Group:

August 13 - Setup your Finance Foundation: we'll go over the systems and processes you need to organize your $$

August 20 - My Finance Day: join me as I do my monthly finance checkup. Peek over my shoulder as I organize my family's debt, savings + budget

➡️Organize your Month Workbook

➡️Support, Accountability + Idea sharing in the Facebook Group



To get us started we are going to focus on 4 parts of your financial life:


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We need to get really clear on what we are working with. The first step is to take your time frame (in this case we are going to work on next month) but if you wanted to start for NEXT WEEK and then go our 4 weeks or 30 days from then, that works too! Just pick a timeframe that works for you + your lifestyle + family.


From the timeframe that you’ve selected, how much is expected to be deposited into your bank account? This comes in ALL the income that will be deposited into your bank accounts. Paycheques, government benefits,self employed income. BUT NOT your rental income - that’s something different and goes as if it is it’s OWN entity.


Tally it all up. In your timeframe HOW MUCH are you going to bring into the money bucket? If your income is variable make your best guess and then reduce that variable income by 10%. So if you work on commission or other variable compensation, it’s important to create a little buffer. I recommend anywhere between 5% to 30% it all depends on how much your income can vary, what type of industry you’re in and how aware you are of the actual dollars that are expected. It’s important to pick a buffer % - anything is better than nothing.


Now that you have an IN number. You need to calculate your OUT number. The best place to start is to map out all the expenses that are going to come out of your bank account without you having to actually do anything. So these are things like mortgage, utilities, insurance, car payments, debt repayments, NetFlix and other subscriptions, child care… It’s helpful to have the last 4 or 5 months of bank and credit card statements handy so you don’t forget anything and have the actual numbers.

Now you have those autopay type expenses order them by importance. So this might start with things that keep a roof over your head and might end with clothing subscriptions, gym memberships that you barely use.


Notice here we HAVE NOT listed important items like groceries, fuel, gift $, eating out, hobbies, clothes, etc. Yes. I know. You need to budget for those items too. But hang on, we’ll get to those. I call those this variable expenses. We may spend a similar amount on those items every month, but it’s variable and not automatic.


Now that you know how much you have COMING IN and how much automatically COMES OUT we have to account for the amount of money you are saving for later. This can be saving for retirement, kids education, emergency fund, property taxes, expected expenses (ie. car + home maintenance, new vehicle, home downpayment, vet bills, etc).






So how much do you have left? Do you have anything left? This is the amount you have to spend on your ‘other items’ like groceries, fuel, fun, giving, eating out, gifts, etc. Is the amount you have there realistic. If it is, or way larger than you expected, you have OPTIONS! Set your timeframe or weekly budget for spending and whatever is leftover, put that difference to debt repayment or savings.


If you don’t have enough to maintain your lifestyle you have OPTIONS too. You can increase your income (not as easy), you can decrease your expenses (a bit easier) or you can take a break from some of your savings (the easiest solution). Sometimes the ideal option is a combo of all of these.


I’ve said it a million times…


finances are 20% the numbers and 80% behaviour. It’s so important to know what our ‘stats’ are. That’s most likely the logical stuff that you can turn to when that 80% behaviour monster is trying to peer pressure you to #fomo #yolo.


I’d love for you to join me and get your family’s finances organized. Imagine starting the Back to School season with money stress a thing of the past and your only worry being what to make for lunches and how you are going to fit all your shows on your PVR. Go ahead and click → and I’ll get you all the details.

⭐The workshops start August 13th⭐

August 13 - Setup your Finance Foundation: we'll go over the systems and processes you need to organize your $$

August 20 - My Finance Day: join me as I do my monthly finance checkup. Peek over my shoulder as I organize my family's debt, savings + budget