How to make a Budget

1. Make a list of everything you spend for a couple of weeks.

Lunch, Coffee

2. For the same time period, record everything you earn and its source.

Babysit $10 hour, Parents

3. Now that you have recorded, analyze it.

I spend more money than I earn.

4. It is a good idea to have a little extra for hard times.

Yes because you need to have some in case of an emergency.

5. Monitor your spending.

I think I need to get better at managing my money and not spending as much.

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