I have learnt to budget when our circumstances changed dramatically and we had to adjust...it took a long time but we are doing well I have taught both our daughters about budgeting as well one does better than the other, but they both do well with it.
My mom who is 80 this year had a few things break down over a year and she didn't have the cash to buy them so she did a rent to buy and her budget went out the window...so for the last 15 months I have been doing her budget, I tell her how much money she needs to take out of her bank for food etc and I deal with the rest, she will have no debt again by nov...she loves it as she has no hassles anymore and just takes her cash and does what she needs to with it (she is also raising a 12 year old that she has had since birth - long story) so she still has school related expenses etc.
Today my step son is coming over so I can help him write up his budget and help him menu plan as he is pretty bad at it (his words) so can get him back on track (he is getting a divorce and is raising their daughter)....I love budgets and helping others with them...I do think its important to show them how to work out debts and a budgets so they don't get back into bad habits, if I do it all then they won't learn or do the hard work. I do my moms as I pay her bills via my computer but we sit down and hash it out together so she is doing it as well.
Does anyone else teach their kids/spouses/partners etc how to budget or sit down and work it out together??...my budgets are written out annually so by sept/oct next years budget will be hashed out and written out ready to go
do you help others with budgets?
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Amber that is great...if everyone learnt how to budget and live within their means the world would be a completely different place
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