guide to spending money

A guide always begins with understanding where your starting from therefore watch this video about family averages on spending.

How much does the average U.S. household spend? How do YOU compare? Spending on housing, taxes, transportation, food, Social Security and pension, healthcare, entertainment, apparel, education, personal insurance, all other expenditures, consumer debt, gifts? Watch this Aspire To Money (TM) episode to find out -- based on U.S. Bureau of Labor Statistics (BLS) information!

TIPS on Starting a Budget

6 Steps on Starting a Family Budget

1) What is your total income coming in to the household.
2) Use a spread sheet like ( google sheets) to list all your family expenses
3) Plan for the unplanned with an emergency savings account 5% of weekly income
4) Plan on paying down your debt starting with the highest interest card.
5) Track your spending better
6) Delay spending. Never buy a WANT the first day, find coupons, specials and know that you are willing to reduce your savings to own it.


This video was originally seen on - Carolina Buys - Coupons - Daily Deals