If a member of the family might get sick or the money you expected to receive is delayed, you will have an emergency fall back plan. Resist the temptation to splurge. One problem that stops you from budgeting money is the tendency to buy on impulse. Think of the bills that come on a monthly basis that needs to be paid. SAVE TO PAY DEBTS Since your program is debt management budgeting, you have to allot certain percentage from your income just to settle your debts. For evey income that comes in, automatically save five percent (5%) from it. That five percent shall be used specifically to pay debts. It shall not be used for any other purposes. The money allotted for electricity, water and tax should not be disturbed anymore. Tampering with the money allotted for electricity could give you a momentary joy or satisfaction on having purchased something else. But if you do not return to the budget the amount you have taken, then there will be some dark moments in your life as well. Look for recipes in the internet that will not only save you money but time in preparing meals. You can expand your menu by reading cookbooks, magazines and newspapers, and even by asking friends for their recipes. In budgeting for a week's meal, list all the things you need to buy and bring all the coupons. According to survey, most people spend 10% more than they make! Why is it hard to track spending? It is difficult for people to track their spending and whether it is wise or not because they cannot decifer between needs and wants. This is one of the biggest hindrance towards putting into practice good personal finance budgeting. You should always pay yourself first before spending money on anything. This means that you should always create a part of your household budget into savings. Every pay check, take 5 to 10% of your household income into your savings account and do not touch it. This way your savings account will be well enough to support you in handling financial emergencies.