There is so much income you have every month and you have to decide where it goes each month. You must learn to pay yourself first. This means that your money should address the most important items for your household first.
I have started to work on our household budget for February and this question came to mind: if I had to cut back on our spending, what would I cut?
Have you ever been in that situation? I mean, you have worked on your budget, you have looked at every possible way to cut expenses. And yet, you still don’t have enough money coming in this month to cover all the bills. So what do you do?
A government shutdown is just one example of a loss of income. You could also experience an illness or family situation that prevents you from working for a long time. What would you do?
The key to take control of your money is having a working budget. In this post, I give you the recipe for a great budget.