One of the pillars of personal finance is creating a budget. Now I know it’s not the most exciting topic in the world but it is essential if you want to take control of your finances.
Let’s have a look at how you can create a budget and start saving more!
First of all…
What do I mean by a budget?
By a budget, I simply mean keeping a detailed record of any money that you’re receiving as well as everything you’re spending your money on.
By gathering this information, you can get an overview of your expenses and decide how much you think you should be spending every week, or even every month. In other words you set a budget that you can stick to.
You don’t have to do this forever if you don’t want to, you just have to do it until you get on top of things.Continue Reading…