Family budget

Here is a link to a free e book that will cover setting up a family budget. It will explain everything you need to know.

http://confidentlifestyle.com/Documents/family_budget.pdf

Good luck and best wishes. 

Here is another article I think you might find useful. It has tips on how to save money by budgeting yourself in a smart way.

Have fun. 

A good household budget starts with an honest assessment of your monthly expenses. Use this budget worksheet to jot down all of your regularly occurring expenses, including any money that you spend on eating out, hobbies or other forms of entertainment. Fill in all of the fields that pertain to you, and ignore the ones that don't. Have expenses that aren't included on the form? There's room to add those in under the "Other" category.

You can also check out some great online articles: Build a family budget that actually works and How to build your first budget.

There are TONS of ways to budget, but I found one that really works; 50/30/20; that is, 50% for necessities, 30% to spend any way you like, & 20% to save then invest!! I've been doing it for over a year, & it's helped me a lot!! However, I 'tweaked' it so that I'm saving 30% and spending 20%..now this can still work with a family; you would of course first figure the necessities; and here's a good clue, in case you wonder just what they are..if you lost your job tomorrow, what would you have to do without?? a stern answer, but a good one, to get you thinking...then the fun money, of course would have to be broken down for each family member;;;it could be less for the children, but it must be done; this way you or your family members will never feel deprived, or 'we never have any fun or money for anything'...so even 10% is better than nothing at all...then of course  you HAVE to set aside something...Your first priority should be to have at least an eight-month emergency fund!! then go from there..sorry to be so long in my reply, but think it over, sit down with everyone, and give it a try!!! Email me if you have any questions!!!!

It would be advisable to list down all of the expenses of the family (e.g. water bill, electric bill, house rent if applicable,food,phone bills,miscellaneous,etc.). Then rank them according to priority.Also sum up the money you would likely to receive on your monthly salary. Keep at most 20% of your salary in a savings account. This would act as your emergency money. Then divide the remaining 80% of your money on your family expenses.If the money you are earning is not enough to sustain all of the expenses then eliminate the least priorities on your family expenses.Hope this helps.

Try using a free online budget tool.

http://www.budget5000.com

Plan your household budget and keep track of what you spend :)

Would like to recommend this site -

http://www.bizymoms.com/weeklyads/index.php

has some great offers to help you save money and cut down on expenses. You can browse advertisements by category which includes department and clothing stores, supermarkets & grocery and home improvements and furniture and other categories as well. Check it out you will not be disappointed.