My Family Is Better Than One Essay

1037 Words Jan 28th, 2016 5 Pages
When my dad got remarried in July of 2014 our lives got crazy. Our family grew from 2 to 5 people, causing the budget to be modified. My father and stepmom took on this new task with full force; they have certainly lived up to the saying “two heads are better than one”. When we combined families we also combined our budgets, making for some interesting purchases. After talking with the two of them about budgeting, I gained a good understanding of everything that my family has on their plate and how they go about spending their money.
Most families, as expected, go off of a discussed financial plan, whether it be weekly or monthly. According to my father and stepmom, my family does not plan according to a monthly budget, but it is still analyzed and talked about regularly between them. Although it is chewed over often, there is no written documentation of the budget. My family is supporting five people: my dad, stepmom, stepsister, stepbrother, and myself. With five people in the house, and our constant running around, a lot of our budget is taken up. My dad and stepmom keep a constant eye on the budget, but always make sure that we can continue to do what we love to do, whether that be playing sports, going out, or spending some family time together.
With three teenagers and two fully functioning adults living under the same roof, we have our fair share of monthly bills that consume our budget. We take money out of the budget to pay for payments such as health insurance,…

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