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How do I create a budget plan for a family of four?
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Start by listing your family’s expected income. This includes both earned income and income from investments.2 Next, list your average monthly expenses. These can include things like rent, groceries, utilities, transportation, and childcare.3 Make sure you account for any irregular expenses, such as car repairs or medical bills.4 Estimate how much you can set aside for savings every month.5 Finally, create a budget that makes the most of your resources. Make sure to prioritize important expenses like groceries, housing, and healthcare. Good luck!