ow to save money on your family budget
Never take money for granted. Respect money and value the fact that God has blessed you with a job, or any way you make money it’s a blessing from God.
If you follow this budget plan you will learn how not to waist.
But to only spent money on what you have to spend money on.
1. Income – money coming in
Always write down all moneys coming in.
Be sure to take note of every cent coming in.
Add it all up; now go to the next step.
2. Budget carefully – money going out
Make a list of everything that needs to be paid.
With the amount needed for each payment.
Water & lights
School fees
Accounts
Telephone bill
Car payments
Add whatever ells you need to pay.
Everything you need to buy
Food
Patrol/gas
Luxury
Birthday gifts
Anniversary gifts
Pre-paid electricity
Cell phone airtime
Add whatever you need to buy
Everything your kids need
Pocket money
Gifts for friends
Money they worked around the house for
Add whatever you kids need
Everything you need
Hair dresser
Nails done
Gifts for friends
Add everything you need
You must list all and everything that’s taking money out.
Keep a strict record of every dime that comes in and how it’s spent.
Let you kids help you make the grocery list, it’ll help them and teach them about money and budgeting. Read my blog on Kids learning about money
Never draw money every other day, remember you pay fees on every withdrawal try to withdraw the amount you need at one time and pay your bills before you start buying anything ells.
