With all the speculation in the US stock market, over bank lending, it would seem that we all need to know how to budget.

One of the most important abilities in life is to be able to control our personal finances. This ability is something that we need to be teaching our kids so that they grow up with good money habits.

The ability to know how much we can afford to spend each week, is of the greatest importance as if we over commit it leads to stress and the loss of assets.

Find other money saving ideas here.