Taking care of your family means addressing a number of financial challenges including housing, purchasing food, and utilities and other monthly bills.Keeping track of these constantly changing expenses is often the biggest challenge of all—transitioning from daycare to childhood costs to contributing to college, trade school, or moving out costs isn’t easy!

The answer is a family budget. A family budget generally has more categories than a personal budget (and often multiple incomes), but its purpose is the same: to help your family successfully manage its money so you never miss a bill, or risk debt in the case of an emergency.

In our family budget guide, we’ll dive into what a family budget is and tell you how you can create the best one for your family. Keep reading to learn more.