The first attempt we made at budgeting years ago was a nightmare. Our intentions were good and what we did seemed logical at the time. However, after a few short months it became apparent we could not put together successful budgets.
For those first budgets, we calculated what we wanted to spend per category for the entire year. These numbers were based on our income and what we knew (or thought) our expenditures would be. The next step was to divide by twelve to get the budget number for each month.
Seems easy enough, right?
Well, there was one big problem that showed up rather quickly that forced us to conclude this type of process was not going to work.
Every Month Is Not The Same