Welcome to my blog and today's post is that I have been working on a budgeting guide that might help your budgeting plan succeed, and it might help you learn some new tips and tricks.
What is budgeting? A budget is the amount of money you can spend on future plans like parties etc. This is a very important thing that everybody should learn just in case you got a future event you have. But why do we need a budget? and How does it help us? Well here is a warning if you don't have a budget, you'll probably end up spending money that you don't even know how much you are spending, leading you to spend a lot. So you should use budgets to know how much you are actually spending, and here's why I made this poster/infographic, its to help you and teach you some tips and tricks about budgeting.
What can we do? (to budget)
- Step 1: Note your net income. The first step in creating a budget is to identify the amount of money you have coming in.
- Step 2: Track your spending.
- Step 3: Set your goals.
- Step 4: Make a plan.
- Step 5: Adjust your habits if necessary.
- Step 6: Keep checking in.
- This is on my poster/infographic.