Personal financial management is a delicate balancing act, accounting for household income and wide-ranging spending obligations. Ideally, the system balances, feeding in enough income to cover the appetites of creditors and others making claim to your financial resources. In practice, however, the supply side doesn’t always keep up with outgoing commitments, leading to cash flow shortages and undue financial pressure. Fortunately, there are two ways to go about balancing household cash flow. Reducing expenses and economizing at home can help bring personal finances to a state of equilibrium, but even frugal living leaves some budgets under-funded.…