Do you know where you stand financially? At the end of every month I sit down for 30 mins and complete a financial checkup. A financial checkup is a layout of all my income and expenses for the month along with an analysis of how I spent my money in the previous month along with any outstanding debt balances and a status update of where I stand when it comes to my financial goals, so the balance in my savings, sinking funds and investment accounts (including retirement).
When my son was young, I was always looking for fun activities I could do that he would enjoy but didn’t break the bank. Especially when I was paying off my consumer debt, my son knew I was focused on paying off my debt but I didn’t want to associate paying off debt with “no fun activities” So I would build our “fun” into my budget because it was important to me to give him experiences.