Household Budgets

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A Trader Joe's coupon is a means of advertising, generally in the form of a document or ticket, that allows products sold at Trader Joe's to be purchased at a discount. Trader Joe's coupons are available on the Money Saving Mom and The Krazy Coupon Lady website.

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  • What is the purpose of a budget?

    Q: What is the purpose of a budget?

    A: The purpose of a budget is to ensure that a household's or business's expenses do not amount to more than the income. A budget can also help individuals properly allocate money to different categories to ensure that all of the basic needs of the family or company are met.
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  • What is the average grocery bill for one person?

    Q: What is the average grocery bill for one person?

    A: In the U.S. in 2013, the average moderate food bill for a 19-to-50-year-old man was $294.80 for a month and $251.70 for a woman of the same age. On average, a child uses $260.30 per month on a moderate plan by the time he or she is 9 to 11 years old.
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  • How much should I budget for utilities?

    Q: How much should I budget for utilities?

    A: According to Intuit Quicken, 10 percent of a salary should be budgeted for utilities and other home expenses, such as renter's or homeowner's insurance. The exact amount someone needs depends on the types of utilities used and seasonal fluctuations.
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  • What is budget monitoring?

    Q: What is budget monitoring?

    A: Entrepreneurship.org notes that monitoring a budget involves performing a regular comparison of projected financial costs and gains against actual performance numbers. Discovering the variances between budgeted amounts and actual financial performance allows management to determine how well a company is meeting goals. Monitoring the budget also functions as a powerful cost management tool for businesses.
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  • Where can I find free stuff for low income families?

    Q: Where can I find free stuff for low income families?

    A: Free items for low income families can be found online through free recycling sites, as well as in the "free" listings in the local paper. There are also multiple charities that provide household items, clothing and toys for families in need of assistance.
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  • How do you make a budget for a teenager?

    Q: How do you make a budget for a teenager?

    A: A budget provides an easy way for a teenager to track income and expenses and to establish financial goals. When the budget is finished, follow it regularly and carefully for best results.
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  • Can I afford to be a stay-at-home mom?

    Q: Can I afford to be a stay-at-home mom?

    A: Ideally, a mom can afford to stay home if all household expenses are adequately covered by the sole working partner. Families can use a budget calculator to figure out how much money is needed to maintain current living standards after the loss of income from one partner.
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  • What causes high electric bills?

    Q: What causes high electric bills?

    A: A home's HVAC system and appliances are the most common causes of high electricity bills. Most modern appliances and gadgets draw electricity when turned off, which causes them to consume a lot of electricity over a long period.
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  • What is a promotional code?

    Q: What is a promotional code?

    A: Promotional codes are codes created by businesses to sell their products and services to consumers. People can use promotional codes during checkout to receive discounts on their final purchase. Promotional codes allow businesses to track their marketing campaigns. They can determine when the code was used, at what retailer and how much the customer saved by using the promotion. They also have the ability to capture the customer’s information and send them information about future promotions and sales campaigns.
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  • Does Costco accept manufacturers' coupons?

    Q: Does Costco accept manufacturers' coupons?

    A: In general, Costco does not accept manufacturer's coupons, according to its membership privileges and conditions page. Only coupons that are distributed by Costco are accepted.
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  • How much of my income should go towards rent?

    Q: How much of my income should go towards rent?

    A: According to Apartments.com, the amount of income spent on base rent should be no more than 30 percent of earnings after taxes. Base rent does not include any utilities that must be paid in addition to rent.
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  • What is the average apartment gas bill?

    Q: What is the average apartment gas bill?

    A: The national average for a gas bill is between $40 and $150 per month, depending on the season, according to Apartment Ratings in 2011. Utility bills vary from city to city based on the source of the natural resources and the rate that utility companies choose to charge.
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  • How can I live on a tight budget?

    Q: How can I live on a tight budget?

    A: Living on a budget can be really difficult depending on your lifestyle; however, living on a budget can improve quality of life. By creating a budget, setting goals, getting out of debt and controlling spending, one can learn to effectively save and spend money, advises About.com.
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  • How do you live on a budget?

    Q: How do you live on a budget?

    A: Creating a budget is the first step to living frugally, according to HowStuffWorks. A budget establishes long-term goals and saves money in the process. For example, cooking at home instead of eating out saves money, and choosing creative recipes helps in resisting the temptation to eat fast food.
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  • What are utility bills?

    Q: What are utility bills?

    A: A utility bill is a document sent to a legal address requesting payment for a public service, such as telephone, electric, gas, sewer or water. Utilities are usually services that are necessary to operate a home or business. In general, utility bills are sent once per month.
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  • How do you keep a petty cash book?

    Q: How do you keep a petty cash book?

    A: To keep a petty cash book, first determine the minimum daily amount of cash your company needs to cover small expenses, such as services, stationeries, parking fees, food and beverages. Each petty cash disbursement must be accompanied by a petty cash voucher and purchase receipt, and recorded in the petty cash book with the date, amount and description of the expense, explains About.com.
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  • What is economic well-being?

    Q: What is economic well-being?

    A: Economic well-being is a person's or family's standard of living based primarily on how well they are doing financially. Economic well-being is measured by the government to determine how their citizens are faring, as it is integral in a person's overall well-being.
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  • How much money do parents spend on their kids?

    Q: How much money do parents spend on their kids?

    A: According to CNN Money, as of 2013, the average amount of money parents spend raising a single child is $241,080. This average is based on 18 years of parenting and does not include the cost of college, which varies widely.
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  • What is a food budget for a single person?

    Q: What is a food budget for a single person?

    A: The average food budget for a single person is about $302 per month, according to LowerYourSpending.com. Based on data from the U.S. Department of Agriculture, LowerYourSpending.com notes that grocery spending within USDA guidelines ranges from about $198 to about $450 depending on the person's age and other factors.
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  • How much of my income should I spend on rent?

    Q: How much of my income should I spend on rent?

    A: According to Fox Business, 33 percent of a person's monthly income should be devoted to housing. This value includes rent, utilities, insurance and other home-related expenses.
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  • What are the major components of a budget?

    Q: What are the major components of a budget?

    A: The two main components of any budget are income and expenses. Other components of a budget include overhead, production, totals and projections. Income is the total revenue that comes in, while expenses are the total amounts of money spent.
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