We often spend more money than we earn. Advertising urges us to buy, buy, buy. It’s easy to let our spending habits get out of control. But, with practice, we can change the way we manage our money.
Making a budget can help you see how much you spend and what you spend it on. Make saving a part of your budget and try to save the same amount each month, even if it is small. Save for clear goals, like education, a car, a house or retirement. And start teaching your children about money. Explain the choices your family has to make so your money can go further.