HOUSEHOLD BUDGET TIDBITS
The best way to start making a budget is to consider what you (and your family) spend your money on, on a daily and monthly basis.
Cut down on spending. I know it hurts, but remember this is temporary and leads to long-term stability.
If drawing out a budget on paper isn’t appealing, then don’t. Use computer applications or budget templates.
The easiest way to ensure that the budget is effective is to accept how you spend your money. One of the best ways to predict future spending is to look to at past trends & change them accordingly.
Along with storing money for special occasions, putting a portion of your income into savings helps you see a more accurate picture of your spending money.
Check your budget at the end of the first month and each one afterwards. As you get a better hold on your finances, things will change.