What is a budget? First of all don't cringe at the word, embrace
it as it could change your life. A budget is an excellent money
management tool that helps you achieve your financial goals. It
doesn't have to be complicated either...this simple guide will
help you make a budget and stick to it. - If you find money is
tight - If you don't know where your money is going - If you
have problems paying off your debt - If you don't save regularly
- If you want to find ways to make your dollar stretch further
Think about your goals! Before you start making a budget, take
some time to think about your financial goals. Do you need to
pay off debt? Do you want to save to buy a home? Do you want to
pay down your mortgage? Do you want to build your nest egg for
retirement? Creating a budget means looking at your past
expenses and creating an improved version that reflects your
financial goals. In a balanced budget, your income exceeds your
expenses- therefore you are able to save some money each month
towards your financ