How to Start a Budget


5 Steps to Start a Budget

Did you know that approximately one in three Americans keep and follow a budget each month? This means that the majority of the country does not budget their finances. There are two main reasons that people do not create a budget – the first being that they do not know how to start a budget and the second being that they are scared what creating a budget will tell them about their financial situation. I am going to talk about how to overcome the first problem.  Below are my five easy steps to start a budget! 1.  Calculate an accurate number for the income you are bringing […]

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How to Track and Manage Your Budget

If you are just getting started and do not have a budget created yet, be sure to check out my plan out my budget each month. Now that you have created a budget and started to plan out your budget each month each month, it is time to learn to track and manage your budget. Getting in the habit of checking in with your budget and your spending on a weekly, or even daily basis is going to take some practice. When I was first getting started in tracking my budget, I used a spreadsheet.  I still use a spreadsheet to […]

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How to Plan Your Monthly Budget

If you have not created a budget yet, or are interested in how I suggest creating a budget, go ahead and check out my first post in the series to get yourself started! Alright, so you have determined your monthly income, listed out your mandatory and discretionary expenses, and balanced your budget to ZERO for your first month.  If not, go ahead and create your first budget here. But how do you keep yourself organized and accountable for creating a new budget each and every month BEFORE the new month begins? How do you plan your monthly budget? What you […]

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