To create a simple budget, start by calculating your net income, which is your take-home pay after deductions for taxes and other expenses [5][9]. Next, track your spending by listing all fixed and variable expenses, separating essentials from nonessentials [2][7]. Set realistic financial goals and categorize your spending into needs, wants, and savings [4][8]. Finally, regularly review and adjust your budget to stay on track and make necessary changes as your income or expenses fluctuate [1][3][9].

How do you create a simple budget?

How to Make a Budget: Your Step-by-Step Guide

How To Budget In 7 Simple Steps

a man sitting on a couch writing in a notebook

How to Budget Your Money: 5 Step Guide to Create a Budget

a man sitting at a table with a laptop and a pen

How to Make a Budget in 7 Easy Steps (With Printable Worksheet)

a woman sitting on the floor using a laptop

How to Budget Money: A 5-Step Guide - NerdWallet

How to Budget Money: A 5-Step Guide

a woman and a girl sitting on a couch looking at something

How do you create a simple budget?

Follow Up Recommendations

Related Content You May Like