Many people are living beyond their means. Irrespective of the income because of the lavish and uncontrollable spending many people get entangled and strangled by debts. All these things can be avoided if one earns to live within his means by following some simple family budget tips

Avoid using your credit cards

Try to live a simple life and avoid using credit cards. If have any commitments for which you need to spend money, plan it before hand Try to save your monthly income or a portion of your revenue a few months before your commitment date and try to fulfill your commitment with your savings. This saves your wallet to a great extent

Write down your expenses

Make it a habit to write your daily expenses on your notebook. You can also record your expenses in excelsheet.This will enable you to track down your daily expenses and have control over it.

Practice the habit of saving

For all people at one time or the other, money comes into his life quickly and goes out rapidly in the same pace The secret of success for a happy family life is we need to practice the habit of saving. Atleast practice the habit of saving a portion of your income.

Ask yourself before buying any new things.

If you are in the mood of buying a good music system or a car a/c and then ask yourself whether the thing you are going to buy is worth buying.