Make a Budget in 6 Simple Steps
Make a Budget in 6 Simple Steps
- Gather every financial statement you can (bank statements, investment accounts, recent utility bills).
- Record all of your sources of income.
- Create a list of monthly expenses.
- Break expenses into 2 categories: fixed and variable.
- Total your monthly income and monthly expenses.
- Make adjustments to expenses:Â If you have accurately identified and listed all of your expenses, the ultimate goal would be to have your income and expense columns to be equal.
198
531 reads
CURATED BY
FROM THE ARTICLE
MORE LIKE THIS
