How to make a budget

  • 1. Make a list of everything you spend for a couple of weeks.
  • 2. For the same time period, record everything you earn and its source.
  • 3. Now that you have recorded, analyze it. (Conclusion)
  • 4. It is a good idea to have a little extra for hard times. (Why?)
  • 5. Monitor your spending. (Why should I monitor my spending).

Step 1

3 weeks

Mt Dew (1 a day)- $42 total

The Girlfriend ($15 a week)- $45 total

Food (twice a week $8 per time)- $48

Step 2

Work on 4 wheelers 80 every two weeks- total 120

step 3

I spend more money than I make and i can do that because I have money saved up from working this summer.

step 4

It is a good idea to have money for hard times that why i always keep money

step 5

I should monitor my spending so i don't run out of money before summer starts.

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