Start living on a budget that works for you and your family. Make healthy financial choices to eliminate debt, decrease costs and stretch a paycheck
without constantly crunching numbers.
The first step to living on a budget
is to track your family's income and expenses. Gather all of your bills, paycheck stubs, bank statements -- everything you have that shows money coming in or going out. Write a frugal budget
to manage your money. When you wing it every month without a budget in mind, you're passing up opportunities to slash unnecessary costs and save money.
When you're struggling month to month just to pay the bills, saving money seems like a long-term goal that's always out of reach. Whether you want to save money
for your child's college fund
or you'd like to tuck money away for your retirement
, setting financial goals is an important step in protecting your family's future.
Many families think a vacation is an automatic budget buster. Stretching your travel dollars
can make your dream trip a reality, though. With a few extra steps, you can save money on your vacation
to make a getaway a part of your budget. If you discover your budget just won't allow your family to travel, plan a staycation
that keeps everyone close to home but still has room for day trips and fun activities to fit any budget. Get more tips on stretching a dollar and managing your home. Sign up for the free newsletter!