It happens to all of us. We work, work, and work, only to find that we've not doing as well as we had hoped. The average expenditure of American households is about $50,000 a year. A huge chunk of that money (roughly 30 percent) is spent on housing -- whether that's rent or a mortgage, but it's entirely necessary. Paying for electricity can also be a burden. Do you know how much electricity it takes to power your computer?

To make the most of your money, you will need to set a budget and stick to it. Budgeting is much easier than most people make it sound, all you need is a decent budget app (here are five recommendations for iOS and another five for Android), and perhaps an expense tracker like Expensify. Always set aside money for a rainy day -- living week to week is a bad idea.

via Money Choice