Family Budget Management

Nowadays where everything seems expensive, we need to spend our money wisely. We need to know where to Best Buy things we need and spend less on our wants.

Family health is wealth, thus, wholesome food should be the first priority of family budget. Lack of budget should not hinder from preparing wholesome foods. Parents just need some understanding about nutrition, some common sense, and imagination. Fruits, vegetables, eggs, milk, whole-grain rich foods should be prioritized over food that are processed and those that are high in fat, salt, and sugar. You don’t need lots of money to provide nourishing foods for your family.

As early as my childhood years, I remember that I am the one who budget my weekly allowance. At first, my allowance for 5 days lasts for 2-3 days only. It was so hard for me to stretch my weekly allowance. I told my grandma about my problem and on the next day she gave me a small notebook. She let me write all my weekly expenses and as the week ended, she let me reflect about my expenses. She let me check all the needs and put an X on my wants. My grandma let me do it for a month while encouraging me to save some amount for the rainy days. On my first week I got lots of X than check marks, but after a month I barely saw X mark on my weekly expenses and the list of expenses was much shorter than the first few weeks. The activity was so simple yet full of lessons about budgeting.

While they are young, children should learn the true value of money as early as possible. They should be taught to differentiate their needs and wants, and on how to use money wisely aside from teaching them about taking care of their health in inexpensive ways.

Tags: best buy, eggs, family, family budget, family budget management, family health, fruits, health, milk, nutrition, vegetables, whole grain

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