Start by having a list. List down all the expenses you incur
on a regular basis. You may be surprised that some of the things you have in
the list are expenditures which you can forego as they are not essential to
your existence.
From there, prioritize the important expenses you have to
take. Examples of these concern foods, household utilities and education of
your children. As they are your top priority, ensure to allocate funds for them
first and foremost. You may have little money left in your hands by doing so
but you have the assurance that your family will live in the days to come.
Do you have debts at the moment? If you do, keep in mind to
minimize interests. This can be done by prioritizing the ones with high
interests for the interests not to keep on piling up. Also, refrain from
incurring additional debts just to pay your current ones.