Step by Step guide to Draw up a Personal Budget that works.

I love this! Very simple and realistic. I’m actually due to re-budget for next month!

Chicitynomad

Last week, I kicked off the Monday money series with how to make better financial decisions this year and in that post I mentioned living on a budget and not spending outside your budget. However, alot of us do not even know how to draw up a personal budget, talk more sticking to it. So in this post I will be giving a step by step guide to draw up a personal budget that works for you.

A budget is a financial plan with a defined time frame. For example we can have our weekly, monthly budget, annual budgets. A budget is not just something we come up with, it is a plan for our money hence it is supposed to be well thought out and carefully written down.

Alot of us see a budget as restrictions and alot of things we cannot do with our money and this…

View original post 1,019 more words

Advertisements

3 thoughts on “Step by Step guide to Draw up a Personal Budget that works.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s