Family Budget Failsafe Strategy

TABLE OF CONTENTS 

Family Budgets: A Brief  Introduction                                                                 Why an e-book or how-to guide on setting up a family budget?
    Why would or do you need a family budget?
    The business case for and rationale behind family budgeting
    Benefits and advantages of a family budget

Family Budgets Defined                                                                                      What is a family budget?
    What constitutes a good family budget?
    What should it contain and look like? 

The Family Budget Process                                                                                 How to set up a family budget?
    Some practical suggestions and a step-by-step summary of a family budget process
    Hints, tips, tricks and tools for setting up a family budget
    How should a family budget be used? 

Final Thoughts On Setting Up A Family Budget                                                              


INTRODUCTION

"The average family exists only on paper and its average budget is a fiction, invented by statisticians for the convenience of statisticians."
Sylvia Porter Unlike the quote provided above, seemingly reflective of general opinion on family budgets today, we will attempt to take a much more positive approach to budgeting, as a family oriented, user-friendly, financial management and planning tool and life-enabler. However, when reflecting on family budgeting and inquiring as to why not more families are actually using it, it becomes self-evident that similar skepticism runs rampant and deep in reality and society, even globally so. Once you start probing family budgets, expending time and energy researching the subject indepth, it becomes quite clear, that most families are caught in a vicious, almost never-ending cycle of “What comes in must go out.”
Most families might feel that budgeting is a futile effort, unnecessarily burdening them with thoughts and ways, to go broke methodically and slowly, without the creature comforts and indulgences of our human modern-day society.