How Do I Start Budgeting?

Tools

• Spreadsheets
• Pencil and Paper
• Apps on Cellular Devices

Using the 50/30/20 Rule to Build Your Budget

1. Know your income.
2. Calculate your needs budget.
3. Calculate your wants budget.
4. Calculate your savings budget.
5. Write down your actual spending.
6. Compare your expenses to your budget.
7. Adjust your budget.