Your home budget made easy

Many people get uptight when they think about the process of creating a home budget. They see dark visions of three column ledgers filled with six digit numbers and lots of black and red ink. Home budgeting doesn't need to be like that at all. In fact, home budgeting can be quite easy. Most often, just getting a system started is the single hardest part.

You can start by looking at it this way, your budget will only have four main parts. Part one is income, which is the total of all funds you receive each month. The second part is expenses, which are all the things you need to pay out every month. The third part is disposable income, that's the money which is left over after you subtract your expenses from your income. Part four is savings, that's the part you get if the other three parts play nice together.