The majority of people live in payroll check to payroll check, and spend whatever, they want whenever they want. However, if you follow that pattern long enough, you'll soon discover that the money runs out before you have paid all the bills, and never have to spare for special purchases or holidays. To gain control of your household spending and start saving will have to establish a family budget.

The idea of having to stick to a budget to make you shiver. It sounds restrictive and boring. However, if you're serious about creating wealth, a budget can give you the freedom. You will have control over your finances, know where your money goes, and have a plan to achieve your financial goals. No spending on some things you can do without right now means you'll be able to spend big, the most important purchases in the future.

Here are some easy strategies families can use to start budgeting.

1, Find out how much you earn.

The way you're paid can determine how to budget your money every month. If you paid weekly, you can calculate your budget based on four checks a month. That means you have four additional checks during the year to help with extra expenses. If you are paid every two weeks, you can calculate your budget based on two salaries for one month and have two additional checks during the year. If you pay monthly, calculate your budget based on the monthly amount. You will not have additional controls over the year, so you must be careful budgeting of extras. For those who are not paid regularly, the figure of their annual income and divide it by 12 to determine your monthly income.

2, Track your expenses.

Your fixed expenses will be easy to find. These are the elements that remain the same from one month to another, such as your mortgage, car payments, etc. Other expenses may be more difficult to calculate. To find out how much you really spend in a month, keep a notebook with you and write down everything you spend for the next 30 days. This will tell you how much money is being spent, and where it's going.

3, Figure out the difference.

Now, knowing the difference between what you spend, and what you earn each month. If you have a surplus, part of it should be budgeted for investments or savings. If you have a shortage, is one of two options to solve your budget problems: the bottom of your expenses or increase revenues. You may even want to do both things.

4, Reduce your expenses.

Reducing your spending is the most obvious way to resolve a discrepancy between your income and expenses. Simple changes in time, such as renting a video instead of going to the movies can add up to big dollars in your bank account. Others may be the lifestyle changes, like quitting a car and take public transportation instead.

Take control of your finances by creating a household budget is an important first step in creating wealth. As you begin to make wise decisions about where their money goes, eventually you will find opportunities to spend less and have more money to invest.