Unfortunately, in the modern world, being responsible with your money can be extremely challenging. For this reason, you must learn as much about financial matters as you possibly can. Then, 
you will be able to make sound financial decisions with more confidence.
Creating a budget is the best place to start. To do this you need to determine every area you are spending your money on and how much income you have coming in. Be sure to include extra income sources such as alimony, rental income, etc. Make sure you don’t spend more than you make.
Being Responsible with Your Money
You should then figure out how much you spend each month. It is crucial that you include what you pay for insurance, car maintenance and gas. Also consider how much money you spend on what you eat, including the store and when you go out to dinner. Record all other expenses; do not neglect the incidentals like child care and your entertainment spending. Be relentless in working through your list. The more complete it is, the better understanding you will have of your true financial picture.
A workable budget begins with a clear understanding of your cash flow. Think about expenses that you could eliminate or modify to save money. Consider the amount of cash you can save by brewing your own coffee instead of paying five dollars for a tiny cup of overpriced java. Make sure that any expenses are really worth the money you are spending on them.
Your bills may become outrageous if your home hasn’t been upgraded since the day it was built. Look for simple upgrades that can save money: installing new windows, energy-efficient water heaters, plumbing components, or appliances that conserve water.
Consider replacing your existing appliances with ones that are energy smart. By using appliances that need less energy, you save money in the long run. When not in use, unplug anything with a constant light. These small lights require a constant stream of electricity, so when they are left on for long periods of time, the energy costs start to accumulate.
You should replace old insulation, and put a new roof on your house to reduce your heating costs. While these fixes may initially be costly, they will save you money over time.
It is easier to balance a budget using these ideas. Lower utility bills can be easily obtained by spending a little money on the upkeep of your home through appliance updates. As your bills start costing less, you’ll have more money to spend on the Market Place, dinner or that top monthly subscription box you’ve been eyeing. Being responsible with your money will become a normal part of your lifestyle.