http://www.debt-free-key.com/debt-free/budget.html Debt free budgets will help you pay off your bills and not make them larger. With a debt free budget you will be in control of your spending. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 You should not just spend all of your money every month. You might think you have to in order to pay off your debts, but you should have some sort of budget that helps you know exactly how much money you have. If you want to be debt free, budget planning will be necessary. A debt free budget can stop you from spending too much... You probably know how much money you made last month, but do you know how much money you spent? Or do you know how much money you have left to spend this month? If you don't know, you're not alone. Most people have no idea. The fact is, most of us spend 10% more per month than we make. That comes out to $431 per month based on the average American income. No wonder the average credit card debt is now at $8,500! So why is it so difficult to track spending? Today we live in a near "cashless" society. Using debit cards, credit cards, automatic deposits, and wire transfers. We rarely even see our money. It's easier than ever to spend and spend. This is why you need a debt free budget. With a debt free budget, you will be able to balance your spending and you will be able to pay off your debts. You might also find that you are throwing your money away at times. Take a look at your bank statements and your receipts, you might be able to cut back on some of your expenditures. You might find that you can save $20 per week by bringing your lunch to work, $15 per week if you make your own coffee or maybe even $50 per week if you eat at home more often instead of ordering out. All of these spending habits can be worked into a debt free budget. If you need help creating a debt free budget, contact a debt elimination company and allow them to help you out. They will be able to see some of your mistakes and you will be able to get back on track. You might even find that you can put some money into a savings account each week with a debt free budget. Sat, 26 Jul 2008 15:00:00 EDT