I came across a great video on MSN about saving. Margie Read is a great example of someone that appreciates and understands the real nature of “frugal”. Watch and tell me would you follow these tips or are they just a little too EXTREME?

Video Credit: MoneyTalkNews

Hello Everyone I wanted to announce that there is going to be a change in Fashion Tip Mondays. Fashion Tip Monday is now going to become “Frugal Tip Monday”. I am a lover of both Fashion and Finance which go hand in hand. Every Monday there will be a Finance related tip for all my Frugal Fashionistas. I thank all of my readers and I hope these tips have been helpful. Please feel free to leave comments and send request for something that you would like addressed.

As I mentioned in Fashion Tip Monday, budgeting can help control the impulse buys. Money and Style go hand in hand. No Finances, No Fashion it’s that simple. Budget being the topic of conversation, I am going to share some tips and programs that will help make sense of your money.

Having to tighten up on our wallets are now the norm. Making conscious decisions on what we buy and how we spend has become a science. As women we have a chromosome within our body that is filled with the gene SPEND MONEY. It’s just in our nature. But we can control how much and where we spend.

Creating a budget, where do you start.

1. Paying the priorities are first. Expenses First, Luxury later.

2. After the main bills are taken care of, you can start to see what is left over and plan for your luxuries.

Listed below are some programs that are great to help budget and control finances.

• Mint – The free, automatic, online way to manage your money is here!
• ElectricCheckBook – The fast and easy way to manage your checking, savings or credit card accounts
• Money2Manage -Lets you easily and efficiently manage your personal finances
• WalletProof -Walletproof is a quick and easy to use tool that enables you to track your spending and set monthly budgets for yourself
• Buxfer – Track shared expenses, split bills, and debts. Transfer money online and settle IOUs with friends/roommates.
• Rudder – Rudder is the only product that looks forward and determines how much you can spend today and still pay all your bills.
• Obopay – Use any mobile phone to get, send, or spend money. Text message, use your phone’s Internet browser, or download Obopay onto your phone.
• TextHog – Track your expenses online. Text your way to the bank.

I hope this is a help and Happy Budgeting.

Fashion Tip: Monday is a new section that I am starting within my site. Every Monday there will be a new fashion tip to start your week off right.

Fashion Tip #1:

Before you spending a dollar, you need a budget in place. Last year I took a Dave Ramsey Financial class, teaching budgeting and how every dollar should have a name. Since 2008 I have had a budget in place. And GOD has it helped. I have a nice amount of money in savings and I am still able to buy what I want. Budgeting is the best way to control impulse buys. Putting aside a designated amount of money every pay period creates control over your finances. Some of the impulse to shop will be minimized if you know that there is money to spend. Priorities first and luxury later.

If any of you have any great tips to share, send them to info@fashionwithoutguilt.com and they will be featured on the site.

Thanks and Happy Shopping.