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Creating a budget can lead to a lot of emotions: fear, frustration, anger, guilt, anxiety; but it can also lead to calm and contentment. A written budget tells your money what to do for you. This control over your income and outgo, is the key to achieving financial peace.

Who:
Every adult family member needs to be involved in the budget process, whether they contribute an income or not. It’s important that each person’s voice be heard and their vote count. One person may create...

Saving is a fundamental part of the Baby Steps. That may sound counterintuitive for a program intending to eliminate debt since any money going to savings is money that's not paying off debt. In reality, it's the savings which permit the gazelle-intense, laser-beam focus on paying off debt. It isn't saving done without a purpose, however; how much is saved and why it's saved varies as the different Baby Steps are achieved.

The very first Baby Step of the get-out-of-debt plan isn't even...