Unfortunately, it’s really easy to spend money. The best way to avoid wasting your hard-earned money is by forming financial priorities. So here are 3 specific financial priorities for you and your family. First, shelter is a priority. But, keep in mind, it’s not about having more garage doors than your neighbor—it’s about choosing a home based on safety, local education, and affordability. Second, nourishment is a priority. While many families enjoy eating out for meals, they don’t enjoy the expensive bills. Instead, try budgeting your restaurant outings. Finally, clothing is a priority. But rather than allow your teen to buy whatever they want, teach them self-discipline and delayed gratification.
For more on this topic from All Pro Dad, go to 5 Family Financial Priorities.
Original article source: http://www.familyminute.com/family-minute/family-life/family-living/5-family-financial-priorities/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council