Budgeting-Great Advice On Budgeting Worksheets, Personal Budgeting, And Budgeting Tips

Argh asked:


When budgeting the money, should the allotment for own personal money for personal use be the same?

Should the mother have more because she has the children with her more and may need or want to purchase a small thing here or there for all of them?

Should the father have more because he’s the one working for the said money or because he’s “out and about” more?

Lindsy Kowalowski

Sophia’s Mommy asked:


As of October, I will be a stay at home mom. We sat down and figured that the cost of good childcare would be more then I bring home.

My husband Brings home 800-850 a week but when insurance kicks in, in June about 750.

Advice on budgeting, what do you do and how to get by on husbands income.
We live in South East Michigan.

Stuart Carton

Samantha D asked:


is it best when filling the form out for a social budgeting loan to add details in the part where it says extra info as it gives you boxes to tick saying what kind of item you need the money for ie furniture and household , clothing and footwear ect and then says we dont need any extra info on this, shall i write what i need the money for in this extra space or just leave it blank and tick the box, will it give me a better chance of getting the money if i explain or not i need the money for furniture for my child and carpets and a new fire as mine has conked any advice thx!

Dino Chipps

m3lissa26 asked:


My husband and I are the only ones who work. We are caring for my in laws and now my mother in laws unemployed and seemingly unemployable brother lives with us too. (deep sigh) we also have an 8 year old daughter who is the main priority of course.

Fawn Rawlings

I **** my haters asked:


I asked what you all thought would be scarier, being homeless or young & pregnant. 99% of you said homeless. Now suppose a young girl was in that “scary” homeless predicament, but dug herself out of it in a relatively short period of time, by working hard, being innovative, budgeting, reading up on budgeting & personal finances, and really turned her life around in about a year? And suppose this same self-sufficient hard worker then got pregnant(unmarried)? Do you think she would be most likely very capable of taking care of a baby, since she’d obviously faced & conquered bigger obstacles before? Or, do you think her homeless experiences would deem her to be “worse” than most other moms-to-be, since perhaps her homeless experiences might have psychologically scarred her a little? Or perhaps if she became homeless before, maybe she’s more prone to become homeless again?
Either way, how do you think one’s past homeless experience(s) affects how capable of a parent/provider she might be?
Just to clarify: The “pregnant girl” that I wrote about in this (completely hypothetical) situation would no longer be homeless. She used to be homeless but worked hard to pull herself upward and now has her own apartment.

By the way: I’m not pregnant, nor is anyone that I know that used to be homeless. This is a hypothetical “thinking” type of question. But the feedback is very important to me.
Note: Sometimes even precautions/contraception doesn’t work. In my scenario, the condom broke and then the emergency contraceptive pill didn’t work either. True story too by the way.

Natalie

Craziee Panda asked:


I don’t want them growing up later and somehow be in debt from credit cards when they can get one.

How should I teach them in a way it is simple and easy to understand?

Hassan Handel