If you are an average income earner, expenses are the main concern. Money is not easy to earn that is why expenses greatly affects income. How do you keep up with your expenses? Basic expenses are mortgage of house (if you do not own the house), food, house utilities, school expenses for kids (if you do have), expenses related to health, , and other miscellaneous expenses.
Bills that may incur penalties such as credit cards, loans, and other similar expenses should be prioritized. Most credit card users are in debt because of the overdue penalties. House utilities that are not been paid on time also cause stress and charges.
Make sure that expenses are properly manage to have a healthy financial status.