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FYI: How To Take Hold Of Your Finances And Create A Family Budget

Credit: RamseySolutions.com

From RamseySolutions.com…

If you’re ready to get your family’s money managed once and for all, we’ve got good news—we know exactly where to start.

Budget

It’s a simple word, but it doesn’t always seem simple to put into practice—especially when you’ve got kids. You’re busy, your money’s tight, and money talks are sometimes super awkward.

But you can create a family budget, no matter your time, income or emotional reservations. We’re here to answer some questions and give you our best tips and tricks to do just that.

What Is a Family Budget?

Before we show you how to budget, let’s define the term. A budget is just a plan for your money—everything that comes in (income) and goes out (expenses).

A family budget is when you make that plan for your whole household. And the best family budgets include everyone in the family (at least to some degree).

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