MAKE A BUDGET

The budget should be balanced
- Marcus Tulius Cicero, orator and statesman.


Why make a budget? You may feel that you don't make enough money to make this worthwhile. But the less you have, the more you need a BUDGET. If you are in DEBT and without savings, you definitely need one.

First, track your expenses for three months. When you have a picture of where your money is going, decide where you can cut back.
Second, list all your debts.
Third, create a budget for the next year by calculating your income and your fixed and variable expenses. Design your budget with relevant categories.
Fourth, track your income and expenses and keep your budget up to date.

A budget is a financial tool for getting out of debt and increasing your financial wealth. It is a tool for living a more conscious and balanced life.