The problem is poor preparation, said Sally Herigstad, a certified public accountant and author of a forthcoming book titled Help! I Can't Pay My Bills (St. Martin's Press/2007, $13.95).
Many families jump into goal-setting and budget-planning sessions without a detailed review of household expenses, Herigstad said. She has met families who have incorrectly estimated their monthly grocery bills and other basic expenses. That creates a major cash flow problem.
''We know that we are sometimes short of money, but we don't know why,'' she said.
Source: Making Ends Meet, (by shr) Miami Herald
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