BUDGET

  • How to make a budget
  • 1. Make a list of everything you spend for a couple of weeks
  • Lunch, movies, gas
  • 2. For the same time period, record everything you earn and its source
  • Lunch- parents, Movies- babysitting, Gas- parents
  • 3. Now that you have recorded, analyze it.
  • I spend more than I earn, but I have money saved up.  I can stop going to the movies if I ever need extra money.
  • 4. It is a good idea to have a little extra for hard times.
  • It's good to save, and have money for whatever life throws at you.
  • 5. Monitor your spending.
  • I think that my budget is good and I will do well financially.

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