Most households try to be financially responsible, in that they try hard to balance their expenditure with the income coming into the household. In reality, of the more than $500 billion of income earned in Australia each year, families do actually spend this amount (about $500 billion), mainly on food, housing, transport, and recreation and culture.

Each individual household has to balance its own budget, which implies that it has a budget. However most households don’t have a budget. Without a budget it is very very difficult to ensure that you spend money where you intended to spend it.

Therefore not only does your spending become unbalanced, but so also does your life-style. So, to get started on the control of your household finances you need to:

1. Find out "where the money went"

2. Understand "where your money is coming from"

3. Plan "where you want your money to go"

4. Keep track of your progress

5. Take quick corrective action where necessary.

At this point we offer you a computer tool to help you "get into balance".
Click on this link to load our Household Budgeting Kit (530KB file size).
(You will need Microsoft Excel on your computer to run this system).
However it is not essential to use your computer to budget.
But, either way, you first must "secure your income". Click here to Secure your Income.