Oy vey! Money gives me anxiety. Well, not having enough money gives me anxiety. Creating a family budget that lists all money coming in and all money going out helps with this.
List everything- what you make, any government support, any family or friend support, any guild/ union support. List it all. For outgoing list your finite monthly bills- this includes rent/ mortgage, car insurance, health insurance, electricity & gas, phone bill, car payment etc. If it is a bill on auto pay it is a finite spending. Now with the remanding balance ask your self- do we have money to save for a trip or rainy day? If the answer is yes, set that aside. I have an auto transfer from my checking to my savings every month. With the remainder set the funds into categories; groceries, clothing, educations, athletics, entertainment, allowance. Look over past bills to see what the spending looks like.
There are a lot of money blogs and resources available on ways to cut down in these categories. My top three are:
So try sticking to your budget and at the end of the month you were way under or over in any category- change it to reflect your needs. This has been very helpful for us with taking control of past dept, current spending and future adventures.