If you struggle to manage your monthly family budget, you are far from alone. In fact, according to a recent survey, although 66% of Americans have a monthly budget, 70% of these people struggle to stick to it.
A critical element of smart money management is effective budgeting. You must create a detailed and accurate budget, and you must live within the means that you have established in that budget. One common way that people plan ahead for entertainment, dining out and other fun things is by allocating funds to a special account that is used specifically for these purposes. However, many people are unfortunately dismayed by how quickly this money is spent. If you are wondering where all of your fun money is going, take a closer look at these common culprits.
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If you’re like many families, you’re trying to find ways to ease the financial burden of the family as much as possible without sacrificing a normal life. Whether you have one income or multiple incomes in the family, there are a few ways that you can easily save money so that you have extra if there’s an emergency or if you want to do something fun with the family. It will take a bit of planning, but if you stay organized and on top of your budget, then you can live like other families without wasting a lot of money. Continue reading “Frugal Fun: 3 Ways To Ease Your Family’s Financial Burden Without Too Much Sacrifice”