Not Making Budget Plan —

1. Gather every financial statement you can (bank statements, investment accounts, recent utility bills).
2. Record all of your sources of income.
3. Create a list of monthly expenses.
4. Break expenses into 2 categories: fixed and variable.

1. Gather Some Financial Information: gather a detailed list of your income and expenses.
2. Select a Budgeting Method: figure out how you’ll budget your money to meet your most pressing financial goals.
3. Create Your Budget: tally...

Budgeting is simply balancing your expenses with your income.

It's a plan for the coordination of resources and expenditures. When you budget your money, there’s a desired outcome. And being able to track your spending should ultimately move you in the right direction towar...