What are the 5 steps in building a budget worksheet?

5 Simple Steps to Create a Successful Budget

  1. Determine your income. Start with how much money you make after tax each month. ...
  2. Calculate Expenses. Let's break up your monthly spend into specific buckets. ...
  3. Calculate the difference. If your expenses are already greater than your savings, you have 2 options. ...
  4. Determine what to do with your savings. ...
  5. Make it a habit.

Related posts: