Do you earn less than $50,000 a year? Federal statistics suggest that a family of four living on less than $47,248 is considered low income, whilst those living on less than $23,624 are considered to be below the federal poverty level. No matter what your income everyone has to manage their budget each month. The basics of money management and budget planning are essential life skills that everyone should learn, but this is even more important if you are coping on a relatively small sum each month. Recent reports suggest that 44 percent of American children are now living in low income families, which means that Read More