#BEST BUDGET PLANNERS FOR BEGINNERS HOW TO#

Yes, savings is a must to keep you out of debt.Ĭreate a list of all of the extra expenses you have regularly. These items are the things that you cannot go without paying each month without dire consequences. Things like rent, electricity, gas, water, garbage, credit card debt, student loans, personal loans, groceries, transportation expenses, savings accounts, and medical expenses are a must. This list should include the basic expenses that must be paid each month. It should even include things like the $50 per month your friend or family member pays to be on your cellular phone plan.Ĭreate a list of all necessary monthly expenses.

This should include your wages from jobs, child support, rental income, and anything that is a consistent source of income. To help you get started, you can print my free monthly budget template.Ĭreate a list of all monthly income. To begin using a budget, you do need to do a few simple things that can make it easy to see where changes may need to be made. It's easy for some to say that a budget is simply a list of income and expenses, but since every family has a different set of income and expenses you have to learn how those work for you. Learn how your income and expenses work for you. Not trying to fit your life into someone else’s budget.

#BEST BUDGET PLANNERS FOR BEGINNERS HOW TO#

The key is learning how to fit a budget into your lifestyle. Since there is no one perfect way to create a budget, I am going to share some great tips that will make it easy for a beginner to build a budget that works best for them. A budget does not have to be something that is scary.In fact, it should be something that makes your life easier.

Best budget planners for beginners