You need some sort of spending plan to help you direct your resources. Here are some resources to help you with your household budgeting.
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Instead of a last minute scramble for dinner each night, meal planning allows us to have a pretty good idea of what we’re going to eat most days. It also helps us save money. Meal times are no longer money leaks draining our budget.
We thought that we were living a comfortable lifestyle that we could afford, but we left out several important aspects of a strong financial position. Here's how to avoid the same mistakes.
While I don’t think I would want to participate in a spending fast, I do see the value in saying no to spending more money on occasion. Indeed, I’d rather prioritize my spending so that I am paying for the things that I enjoy and want, rather than watching the money trickle away
Financial literacy is an important part of successful money management—if you start teaching your children basic lessons while they are young, they will have a firm financial foundation to build upon in the future.
You might say that it’s worth it to sacrifice, and that you would rather have quality time with your kids than more money, but it’s still important to recognize some of the realities that come with staying home, and not working outside the house.
While there is no perfect situation to any disagreement about money, it is possible to get your spouse interested in saving, and preparing for the future. It does, however, take time and effort to convince your spouse to join you in saving.
What you really need to watch out for are the small things that you might not even realize you are wasting your money on. Here are some of the small money leaks that can start to really drain your finances