Budget busters are the large potential problem areas that can destroy a budget. Failure to control even one of these problem areas can result in financial disaster. Below we have given suggestions on how to identify potential troublesome areas before they become budget busting problems.
Other than salespeople who need new cars regularly, most Americans trade cars because they want to rather than need to. In addition, most Americans pay premium prices for repairs and general maintenance on their cars, which many times can be avoided.
Insurance is not designed for saving money or for retirement. So, select insurance based on God's plan for your life, not on what someone else says you need for your life.
Although families need a certain amount of recreation and fun in order to maintain a healthy family atmosphere, they also must resist the urge to indulge excessively and control recreation and entertainment expenses.
Once you've identified these areas of your budget, how can you adjust problem areas that could become "budget busters?" Read Part 2 and find out how.