Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    How to Set up a Family Budget
    Unavailable
    How to Set up a Family Budget
    Unavailable
    How to Set up a Family Budget
    Ebook144 pages1 hour

    How to Set up a Family Budget

    By Nishant Baxi

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    "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 in-depth, 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.

    Others might voice that they feel as if they are merely throwing money away, in a never-ending and dizzying spiral of spend, spend, spend. People are getting deeper and deeper into debt, no matter how hard they try to get out of it. Questions are then raised : How do we stop these courses of action? How do we change the thinking around family fiscal discipline?

    Put simply, in “How to set up a Family Budget”, we focus in on how to empower families to set up better, more realistic budgets, stick to them and celebrate their successes (and learn from their failures!)

    LanguageEnglish
    PublisherScribl
    Release dateNov 8, 2019
    ISBN9788835329558
    Unavailable
    How to Set up a Family Budget

    Read more from Nishant Baxi

    Related to How to Set up a Family Budget

    Related ebooks

    Budgeting For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Wealthy People Need Budgets Too: It's Called Cash Flow Management

      Jan 10, 2020

      In our experience, ultra-high-net-worth individuals underestimate their spending by 25% on average -- and sometimes by as much as 50%. It can be very easy to misjudge your spending when your financial picture is complex. You may not feel that you ar

      3 min read

    • Article

      Get Money Fit

      Apr 16, 2022

      Get Money Fit
      8 min read

    • Article

      How to Build Your Wealth in Your 30s

      Jan 20, 2020

      Your 30s are an exciting time. You start to make the transition from being a young adult still struggling to find balance and financial success to becoming more organized, and ready to level up. However, building wealth in your 30s still might feel a

      3 min read

    • Article

      How To Weather The Economic Storm Of 2023

      Feb 22, 2023

      AS WE kick off 2023 and judging from every critic, editorial, WhatsApp messages and videos it is hard to recall a time when there were as many economic and political crosscurrents as there are now in our country. The continuous and ongoing energy cri

      3 min read

    • Article

      Budgeting Basics for Wealth, Health and Happiness

      Feb 27, 2022

      Budgeting is the first step toward financial planning. It includes a series of questions about how you spend your hard-earned money. And being accountable for your inflows and outflows is a healthy exercise for strengthening your ability to save and

      2 min read

    • Article

      Financial Planning

      Dec 17, 2022

      Financial Planning
      1 min read

    • Article

      From EBRI's CEO: What's on Retirees' Minds

      Oct 25, 2021

      We talked with Lori Lucas, president and CEO of the Employee Benefit Research Institute, about her group’s study, Retirees in Profile: Evaluating Five Distinct Lifestyles in Retirement. Did your research turn up any surprises? We were pleasantly surp

      2 min read

    • Article

      Funding More Joy

      Aug 18, 2021

      Funding More Joy
      5 min read

    • Article

      Break Those Feelgood Habits

      Jul 1, 2020

      Break Those Feelgood Habits
      2 min read

    • Article

      Money Matters

      Jun 19, 2020

      Money Matters
      3 min read

    • Article

      The Envelope Budget: How to Make It Work for You

      Nov 18, 2020

      My last blog post, Don’t Be a Budget Hater, discussed the surprising truth that not all budgets are bad.  They often have a negative connotation, but hopefully after reading the article, you see the benefits of budgeting.  Now we will dive into diffe

      3 min read

    • Article

      The Dimensions of Wealth: Influencing Your Financial Path

      May 21, 2021

      A nuanced and thoughtful approach to financial planning is like peering into a kaleidoscope. Each kaleidoscope design comprises a unique set of pieces and patterns, and those specific dimensions come together to create a one-of-a-kind mosaic. With ea

      3 min read

    • Article

      Feeling Financially Disorganized? Take Back Control, Starting with Your Cash Flow

      Aug 5, 2019

      When I begin to work with financial planning clients, one of the first things I do is take a look at their cash flow. Cash flow is made up of money coming into your accounts (in other words, your income) each month and money going out (which is made

      5 min read

    • Article

      Beyond Financial Literacy: What You Need to Win with Your Money

      Apr 19, 2022

      April is Financial Literacy Month, designed to promote greater financial understanding among children and adults. Yet, more than half of Americans get anxious simply thinking about their finances. Why are so many adults stressed out about money? It’s

      2 min read

    • Article

      3 Money Tips to Keep your FOMO in Check

      Nov 18, 2019

      Most of us have found ourselves trying to "keep up with the Joneses" at some point in our lives, but in today's digital world where social media permeates every aspect of our lives, the pressure to spend can be even higher. According to Charles Schwa

      3 min read

    • Article

      Conversations that Women Should Have with their Financial Advisers

      Dec 16, 2020

      Many women who are extremely successful at work still find they lack some confidence when it comes to discussing and planning what to do with their wealth. If you're unsure of where to turn, a trusted financial adviser can be a valuable resource to h

      4 min read

    • Article

      Avoiding the New Retirement Spending Spree

      Jul 2, 2019

      Congratulations, you're retired! After 30 years of hard work and savings, you have over $1 million in your 401(k). Wow, that's a lot of money, you would think. Feeling flush with cash, however, can lead to a problem. Overspending during the first f

      3 min read

    • Article

      3 Spending Strategies for Your Retirement

      Jul 17, 2018

      If you're worried about having enough money to fund your retirement, you're not alone. According to the 2018 version of Gallup's annual survey about Americans' biggest financial worries, retirement topped the list for the 16th year in a row. Nearly t

      3 min read

    • Article

      3 Ways to Instill Enduring Financial Values in Your Children

      Dec 10, 2018

      Passing down values related to family wealth is one of the most crucial, yet challenging, tasks for parents today. Children's experiences with money during their formative years can shape how they save, spend and give for the rest of their lives. Wh

      3 min read

    • Article

      Time to Go on a Financial Diet? Get Your Finances in Great Shape in 2021

      Jan 6, 2021

      New Year, new you, right?  My friends have the same New Year’s resolutions each year, and they typically involve dieting. As a wealth adviser, I get a lot of questions from clients and even friends about how to cut the fat, add bulk and get their New

      4 min read

    Reviews for How to Set up a Family Budget

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words