Handling your finances, for what I've known from my parents and other relatives, is one of the most hard thing to learn. This requires full responsibility and practicality. I would sometimes talk to my aunts' horror stories about budgeting. Most of them are really having shortage on cash (although they wouldn't include in the list the mothers ring they bought haha), especially in our time that almost all things are increasing in price. Their expenses for this payday almost exceeded their allotted budget.
I just hope these tips would get them right back on track.
Start making a list. Set aside a notebook for this. Jot down all your assets(what you own), your revenue(what you earn) and your liabilities(what you owe). I believe keeping receipts would be helpful, so that you can examine and evaluate your spending.
Control your money. Stick to your budget plan. Do not be manipulated by your money. Instead, take control of it.


