How to make a budget
First Before you start a budget you need to know what kind you are making. Budgets-
1. one type of budget is when you set a certain amount of money to different things you buy. such as; say you have a weekly allowance of $10. You need to slit up the money in to different groups.have some spending saving and some extra emergency money.
2. Another type of budget is one that keeps track of what you have been buying or saving. That helps to see how you can improve on your spending and saving.
Here are the materials you need to make a budget. But first what kind of budget you are going to make.
Materials- Computer: Microsoft word or Microsoft excel and the information you need for your budget.
Pencil and paper: Pencil and paper and the information you need for your budget.
As you see making a budget is easy.
Now the moment your waiting for, How to
make a budget! #1 kind of budget.
Steps- Step 1: Record the amount of money you make a week or month.
Step 2: Split the money up evenly in 2 or 3 separate groups, saving, spending,( Optional-and extra money for emergencies).
Step 3: Now to balance your groups.Make sure that you have less spending money than saving and less extra than everything else. For more help and for examples click here
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