<human>:  How do I create a family budget for the upcoming year?
<bot>: Creating a family budget for the upcoming year is a great way to improve your financial health. To get started, first determine your total income for the year, including any investments or expected income. Then, subtract any taxes and other expenses like insurance to come up with your net income. Next, make a list of your fixed expenses like rent, utilities and car payments and set a reasonable budget for each. Then, set a reasonable budget for incidentals like groceries, dining out, clothing, and entertainment. Finally, allocate any remaining funds for savings or other investments. Once you have your budget in place, make sure to monitor it so that you’re staying on track and making the smartest money decisions for your family.