A variety of money management, credit and first-time homebuyer programs are offered to schools, colleges, business, lenders, and civic organizations.
Keep an accurate record of your cash flow and expenses in order to stick to your plan.
Make the budget a family project. Everyone must be involved in order for it to work.
Know your priorites. Allot enough income for the essentials (shelter, utilities, food, medical, savings).
Spending limits must be realistic
No more than 25% of your monthly income should go towards installment debt – credit cards, loans, car payments, etc.