The first part of your analysis will list your income and breakdown your bills and expenses by category. At Budget Stretcher I use only four categories, Housing, Other Bills, Household Expenses, and Savings. The three expense categories allow 30% of your take home for each category with 10% going to savings.

Next, your expenses percentages will be compared to ideal percentages that will show you what areas of your budget need improvement. The percentages above are simply targets. If you exceed recommended percentage in one category but you do not exceed 100% of your take home pay for all categories, then you would not normally have a problem.

Naturally, I'm talking about your finances. When it comes to your regular bills and expenses many of us have a hard time making plans to pay bills that we know are coming. What can we do to plan for unexpected?

All to often when we have an expense that wasn't neatly placed in our budget we grab credit cards. Needless to say this is just what credit card companies are hoping for. If this persists result is serious financial problems. It all boils down to spending more than you make each month.

To avoid this you need to have money put back to cover your unexpected or unplanned expenses. As always this is easier said than done if you are already struggling. But, like we used to say in Navy, "The difficult tasks are a piece of cake. It's impossible that takes a little longer".

First, what do you do if you don't have enough money? You either cut your expenses or you get more money. It's just that simple. Your best bet is to cut your expense as much as possible and still be able to have enough money for essentials. Check web. There are thousands of ideas online to help you save on your expenses. Use search words like "saving money, cutting expenses, etc.". You can start by visiting following sites: