Family Finance Advisor :: How To Setup a Budget and Save Your Family Money!

Family Finance Advisor :: How To Setup a Budget and Save Your Family Money!

Budgeting seems to always be a tough subject. Who has time to make a budget let alone follow it?

Okay, first a personal budget is a guide, a document that you have set down and looked at your money coming in and the money going out. With out a budget you will not know where your money is going each month which will lead to over spending. According to the US debt Clock website:

Americans carry 2.4 Trillion Dollars in consumer debt of which 791Billion is credit card Debt. Which means using the national average Credit card interest rate of 14 % that Americans will give away 1.2 trillion dollars of their hard earned money to credit card companies in interest ALONE because of over spending and possible poor planning.

Family Finance Advisor provides some free resource to family financial issues. Also you can create a free financial plan at the Rapid Debt Reducer website were we teach people about financial literacy and provide financial tools to plan better.

I once read a book by Jimmy Carter called the "Hornets Nest" Copyright 2003 The novel of the revolutionary war provides a possible true image of the American Indians and how they were being cheated. The Hornet's Nest: A Novel of the Revolutionary War

Here it is. Kindred a character in the book says that it is a shame the way the Indians are being cheated, Ethan didn't think so, he claimed that the Indians did not have to trade if they don't want to. Ethan claims that the Indians  are the ones begging for the goods and buying more than they can pay for. (Sound familiar yet?) I will go on.

Kindred claimed that "they are too ignorant to know how to trade" Of course Ethan didn't think so, after all they can sign treaties and make agreements that they don't carry out.(watch for the punch line) Ethan continues "Besides they can always pay off their debts when they work out a new deal on land" Now we all know how that worked out for the Indians.

Listen folks, If we the people don't start looking at how we are doing thing the future is bleak for those that fail to plan, and live within their means.

 

Okay for the GOOD news it is easier to get out of debt then you think. You have to create a plan and follow it, that is where the budgeting come in to play. Use Debt Stacking to get out of debt, create a budget today. PLEASE