Paying for your rent or mortgage, your children's school fees, groceries and other essentials can be difficult if your family only has one source of income. To make ends meet, you might even prioritize certain expenditures and sacrifice your savings. However, following practical advice and being aware of services offered to you can make a big difference on your balance sheets. Below, we've listed three tips to help you better manage your finances in a single-income household. 1. Budgeting Is Your Key To Financial Success You've probably heard it before, but creating a budget and sticking to it is a great way to track your spending. If you're new to budgeting, consider using the 50-30-20 rule. This is where you spend 50% of your income on essential needs (like rent), 30% on your discretionary spending (like dining out), and 20% on your savings, investments, and emergency expenditures. With any budget...