Budgeting Basics
Budgeting isn’t about restricting your spending — it’s about making sure your money is working for you. A budget gives you a clear picture of what’s coming in, what’s going out, and how you can align your money with your priorities.
Why Budgeting Matters
Helps you avoid overspending and debt
Makes it easier to save for goals
Reduces money stress by giving you a plan
Gives you freedom to spend guilt-free when it’s in the budget
Resources
How to Start
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Track your income and all your expenses (fixed bills + flexible spending).
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Try a popular approach:
50/30/20 Rule – 50% needs, 30% wants, 20% savings/debt repayment
Zero-Based Budget – Every dollar is assigned a job
Pay Yourself First – Save first, spend what’s left
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Spreadsheet, budgeting app, or even pen + paper — whichever you’ll actually use.
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Check in monthly and make changes as needed.