One for the Money

In class this week, we talked about money management and one thing I found very important was how to budget money now before you get married so when you end up getting married, you and your husband can have a budget already started to help you not get in over your head.
One lesson I learned that actually helped me realize the importance of budgeting that related very well to this class was from church one day. The second counselors wife talked to the relief society about how she budgets her money and the way that works great for her family is the income her husband makes (they are both working) goes to pay the bills and all the necessities (tithing, emergencies, food, gas, etc.), then the rest is split up between college funds, mission, savings and spending money. Then her income goes towards the less important needs like vacations and a little more spending money. The rest goes into more for missions and colleges. 
The importance of why she split up the money this way was because if for any reason she decided to be a stay at home mom, then the family wouldn't struggle with trying to make ends meet with the bills. The only thing they would really lose was their extra savings and the extra money for college, missions and emergencies. This would really help families out if they split up their income into these ways so that families are not so dependent on both incomes to get by.