It’s easy to think that only “average” income earners need to create a budget to be financially competent, but that’s definitely not the case. According to a story on CNN’s Money website, NFL players are susceptible to finishing their careers flat broke.

You cannot always increase your income, but there are ways to change how much money you spend every month. Whether you are trying to save up money to buy a home or just want a little extra each month to cover unexpected expenses, these tips will help you reach your goals. Here is what the most frugal families recommend when you are trying to save.

When I came upon this infographic and read the fine print, I realized I’ve been doing it all wrong! I’m supposed to define each category and allocate an amount (usually based on percents) first, then align my spending to fit that budget – or be “Pro-Active and tell my money where to go.”