If you want to achieve long term financial stability the number one skill you need to master is how to budget money. Many people will break out in a cold sweat when they face the prospect of developing a household budget, but it doesn’t have to be difficult or time consuming and making a realistic budget that you can stick to can literally mean the difference between financial success and failure.
If you choose to you can invest in some software that will allow you to enter all your income and expenses and the program will give you graphs that will show you just where you are financially. If you choose, you can simply get some lined paper and a pencil. The point is, that when it comes to making your budget the most important thing is to just get started.