Prime objective of this article is to Discuss on Avoid Costly Budgeting Mistakes. Here explain Budgeting Mistakes in terms of American Consumer Credit Counseling (ACCC). ACCC provides people who have practical solutions for resolving financial problems. Irrespective of how confident you feel as part of your ability to achieve your financial goals, it is always a smart idea to sit down and re-evaluate your household budget. When planning your family’s budget, remember to avoid making these key budgeting mistakes that will prevent you from achieving your goals: Falsely Identifying Expenses, Not Planning for Emergencies, Spending more than you Earn etc.