How to make a budget

Step one

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

Step two

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

Step three

Analyze what you recorded.

Step four

Is it a good idea to have a little extra for hard times? Yes, in case of emergencies and unexpected costs.

Step five

Monitor your spending to help understand and control your money.

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