How to Set up a Family Budget

In today’s economic climate, having a household budget has never been more crucial. Helping you and your family save money, plan ahead and be financially prepared for when the pounds start to pinch.

“The average family exists only on paper and its average budget is a fiction, invented by statisticians for the convenience of statisticians.”  – Sylvia Porter

Unlike the quote provided above, seemingly reflective of general opinion on family budgets today, we will attempt to take a much more positive approach to budgeting, as a family oriented, user-friendly, financial management and planning tool and life-enabler.

However, when reflecting on family budgeting and inquiring as to why not more families are actually using it, it becomes self-evident that similar skepticism runs rampant and deep in reality and society, even globally so…