Think of the budget as just another list.
It’s most effective to create a budget somewhere in a spreadsheet, whether it’s a Microsoft Excel document or a Google Doc. Add your income and then add new expenses as you spend.
And these new expenses will definitely appear. Try to plan as carefully as possible for occasional expenses, such as gifts for the holidays, the vacation you plan every year, or an unexpected visit to the doctor.
The more you track and keep track of your expenses, the better you will understand your expenses from month to month.
Watch this video for a step by step budgeting guide that will work for you.
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