Young families trying to budget
I just caught the end of your discussion on WGN news this morning. You mentioned a number to call for young families wanting to plan a budget. If you have time, please repeat that number.
Thank you
Terry Says
I’ll give you two different routes.
If you’re a “techie” family, you should purchase Quicken — which not only tracks your spending, but helps you create a budget — and stick to it! It categorizes all your spending — whether done from checking or on credit cards. And reminds you about annual categories such as auto insurance, property taxes, etc.
And if you’re super-techie, and want it all on your iPhone, download the Mint app — also created by the same company that owns Quicken. Learn all about it at Intuit.com.
Or you can do it the old fashioned way — with a simple budget book and kit. I’ve recommended Judy Lawrence’s “Budget Kit” for years, and now there’s a new improved edition with worksheets and everything you need. It’s a terrific way to sit down together and work on a budget.
And finally, if you want some hand holding — or mediation about disagreements! — call800-388-2227 — which will connect you to the nearest local office of the National Foundation for Credit Counseling. They are a non-profit you can trust. And they don’t only counsel people in debt. In fact, they will be absolutely delighted to show young couple how to AVOID credit problems in the future. They are likely free, or very low cast for a meeting.
