It's not always easy to meet our financial obligations each month, and that's where creating a family budget can help. Nearly every day, we have multiple financial demands placed upon us. Whether it is grocery shopping or paying the monthly electric bill, we're faced with family budget decisions all the time.
It's sometimes difficult to deal with financial planning matters such as family budgeting. There is one more bill to pay, or a big decision needs to be made on an expensive family vacation. But no matter how people might try to deny it, this is a hard rule of life:
We make decisions all the time that affect our ability to stay out of debt. Additional Resources
Household Budget …show more content…
Family Food Alcoholic Beverages Housing Clothing and Services Transportation Healthcare Entertainment Personal Care Products Reading Education Tobacco / Smoking Miscellaneous Expenses Cash Contributions Personal Insurance and Pensions Total Expenses Total Family Expenses ($) Total Savings ($)
The variables used in our online calculator are defined in detail below, including how to interpret the results.
Average Annual or Monthly Income ($) Additional Resources
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