Family Budgeting Part 2

So, how did you do on your list of expenses? Did you get everything?


I realize your instinct may be to exclude certain things because “they don’t count.” (That’s how I always feel when I list how much I spend on clothes. Yikes!) However, you are only hurting yourself if you do this.



In order to figure out how to get out of a debt situation, you need an accurate and realistic picture of where your money is spent. If you leave things out you will get frustrated in the end when you are still spending more than you make.


Here are a few more items that I forgot to include that you’ll want to put in your list.

• All outstanding loans including second mortgages, home loans, tuition loans, loans to family members, etc.


• Trash Removal


• Home Maintenance (painting, furnance filters, salt, etc.)


• Furniture and Decorations


• Life Insurance


• Disability Insurance


• Veterinarian


• Pet Food & Toys


• Attorney Fees


• Child Support


• Payments on Liens or Judgements


• Dry Cleaners


• More Supplies (Detergent, Fabric Softener, Stain Remover)


• Charities and Donations


• Postage


• Health Club


• Child Care

Please feel free to share any other expenses I may have left out.