8th step - Adjust budget

If a bill is starting to increase, increase future planned $ for that bill

Pro-tip -

Plan for the MOST a bill has ever been (within reason)

This way... when you get the bill and it's actually less than what you planned for, it's like a RAISE!

Recently, we increased our monthly grocery/miscellaneous expenses from $1200/mo to $1400/mo - Cost of living has dramatically gone up!

We increase our electric bill budget in the summer and decrease it in the winter

The most our electric bill has been in the past year is $700 - so, that's what's on our future budgets. It feels like a bonus to have fun with, or pay extra towards debt, when the bill is LESS.

What bill amounts have you had to increase recently?

9 steps to get out of debt, Ashley-style

1. Remove high-interest rates from debt

2. $1k Emergency Fund

3. Snowball method

4. Reduce expenses

5. Budget by paycheck

6. Automate payments

7. Bi-weekly budget audit

8. Adjust budget

9. Place Medical Bills on Payment Plan