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While many financial experts recommend making a budget, the fact is that a budget is not a one-size-fits-all phenomenon. Luckily, there are many options for creating a budget, affording you the opportunity to set small goals on the way to making life’s bigger goals. Choose the type of budget that suits your lifestyle, and you have a far greater chance of being successful in following it.

A revocable living trust is a document that an individual or a couple creates that designates the management and beneficiaries of assets. The document is similar to a will in that it is revocable, meaning that the parties creating it can modify or nullify it at any time. The parties creating the trust must give detailed instructions for the overseeing and distribution of all assets, including cash, property, insurance benefits, valuables, investments and other accounts.

When you think of rules, do you usually associate them with school? Your children probably do, too. Nevertheless, household rules can be a great way to let each member of the family know exactly what is expected of him or her and are a valuable tool for defining boundaries. Too many rules can be overwhelming to kids, but a few general rules like the ones below cover a lot of ground, yet are easy to remember.