Many people run into financial problems like excessive debt because they haven’t made any concrete financial plans in their lives. Simply by setting a strong budget or using personal finance programs, people would be able to avoid financial blunders. Setting a budget is about putting all of your financial information down on a computer screen or a piece of paper so that there’s no subjectivity to it.

By having the hard numbers in front of you, major financial blunders can be avoided through some objective, prudent moves. So what are three common financial blunders caused by FTB? Let’s examine.

» Continue reading “Three Mistakes Caused By Failure to Budget”

Do you ever worry about debt? Do you struggle just to make monthly payments? Do you and your spouse fight over money? Are you ready to live a better life with less debt and less arguments over expenditures?

Start taking control now. There is no better time than the present to change your life for the better.

A budget is nothing more than a plan. To make it a good plan you need to track all of your expenditures and all of your goals. That sounds more complicated than it is. You have to track your expenditures in some form, whether it is in your checkbook register, and notes written on your bill receipts, or on your computer. Why not consolidate them all in one easy tracking system?

Go From Stressed To Happy

If you are married you need to agree on what is essential and work on the budget together. It may be difficult to agree on some things, but take the other person’s needs into consideration. What is the big goal? Focus on it.

Can you agree on where you want to be financially in 5 years or 10 years? What will it take to get there? This may sound like it will cause more arguments. But once you agree on your budget and your goals and both of you agree to stick to them, your marriage will be much happier and more peaceful.

» Continue reading “Take Control With Budgeting”

This blog was created to keep you up to date with new Money Tree releases, tips and tricks, current budgeting trends, and finance news.

Money Tree Seedling Edition is the first piece of software in a long line of personal finance applications in development at YellowDot Software. We take pride in offering the simplest, most powerful way to help any person create a financial plan.

With the imminent release of version 1.0 our development staff are already hard at work on version 2.0, we will be releasing smaller free upgrades along the way.

Things to look for in the immediate future are scheduling irregular budget items (Such as annual and biannual items) and being able to change Money Tree’s skin to match your visual tastes, you will also be able to create your own skins!

You can read more about some of our planned features on our Features Page.

We are looking for any feedback we can receive about our software, so if you want to share your opinion head to either our feedback page or just leave a comment here. Our goal is to build the best personal budgeting software in the world while keeping it so simple any person can pick it up and make a plan in 20 minutes!