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In certain circumstances, everyone can make mistakes in managing the Family Finances . Children can become priorities in expenditures. But it can also be a trap when should carefully manage finances. google image 1. Fund Children's Tuition Fund or Retirement? As a parent you want to facilitate a child with a decent education. Funding of education is higher, so you should be prepared early. On the other hand, do not let preparation college fund to make you forget to prepare your Retirement Fund . It is important for you to keep thinking about old age survival. Parents with a planned retirement means thinking about the future of the child. That's way you will not be burdensome life of the child. 2. Absent in the family's financial policy Many mothers who just set shopping and spending money everyday. They do not come to think of investment and family financial plan. Now, began to get involved! Most do not follow false advice. Typically strategic thinking, tactical and pr

Financial Problems do not always arise because of lack of income. It could be a problem arise due to wrong habits in managing finances. So, what should be done to save your family financially? 1. Collecting the ins and outs of your Family Finances . Know the contents of the savings, the amount of electricity bills, telephone, car services, shopping, doctor's office and other expenses. You have to know how much credit card debt, bank loan or mortgage and car. 2. Should be a financial plan or budget that is realistic. Realistic financial plan to help you be objective about excessive spending. Importantly, the budgeted amount is realistic and compliant with the budget. 3. Distinctly different needs and desires. Thus, it is important there is a table consisting of columns for shopping items, needs and desires. Based on the shopping list, determine which ones are and which ones just need the desire. Consider which should take precedence. 4. Not too often debt. Buy various i