Our Monthly Finance Meeting

We run our family finances like a business. I'm the treasurer and my husband the chairman, but with equal ranking! Every month I do a {funny} presentation to him detailing where we're at with our budget, savings etc; doing it this way keeps the communication going on our finances and makes it fun at the same time.

The change in my work situation has bought about some major changes to our budget, {and some major changes, for the better, to our daily life} but it's still business as usual; we still have goals to work towards and it's important to us that we keep focused on them..

At our finance meeting we:

• Agree next months zero based budget {every penny is allocated to something}
• Detail where the money went last month {my confession time!}
• Review our account balances {including mortgage}
• Discuss any rate changes etc
• Plan for any big expenses
• Review our goals progress

At these meetings we don't discuss our personal spending money {we each have a set amount} this is to use for whatever we want - my husbands normally goes on golf related things, mine on allsorts, as you'll see in tomorrows post!

Do you have a similar meeting with your spouse, or do you do things completely differently?

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