Provide a weekly or bi-weekly
allowance for each member of the household, if possible. With
children, be very specific about what expenses allowance is to
Write post-dated checks to yourself
to get the funds out of sight. (For items such as allowances,
groceries, gasoline, entertainment, etc.)
Make it a game, i.e. how long
can you go without writing a check or spending.
Reserve credit for major purchases,
genuine emergencies, college education.
When first setting up a budget,
keep track of spending for 2 to 4 weeks to see where your money
You can save hundreds of dollars
a year by shopping at the lower-priced food stores. Convenience
stores often charge the highest prices. You will spend less on
food if you shop with a list. You can save hundreds of dollars
a year by comparing price-per-ounce or other unit prices on shelf
labels. Stock up on those items with low per-unit costs.
Before you go grocery shopping
it is a wise idea to eat something. You'll buy less junk food
on a full stomach.