All articles

Everything on Money Map Workshop, organised by topic.

Bill Planning

• Budget for Irregular Expenses Before They Come Due — List expenses that arrive less often than monthly, mark when the money is needed, and record what is already reserved.
• How to Make a Bill Calendar That Shows Cash Flow — To make a bill calendar, gather current bills and record each payee, amount, due date, and payment status on one monthly view.

Debt Literacy

• Debt Snowball vs. Avalanche: Compare the Tradeoffs — The debt snowball sends extra money to the smallest balance after all required minimum payments; the avalanche method sends it to the highest-interest debt.
• Statement Balance vs Current Balance: Read Both — For a U.S. credit card, the statement balance records the amount at a billing cycle's close; the current balance reflects subsequent account activity.