Budgeting


A budget is a plan that lists the amounts of money that you have coming in, your income, and the amounts of money that you are planning to spend, your expenditure. It is important to budget to ensure that your spending is not more than your income.
 

A good way to look at your spending is to think what it is you need, e.g. a home, food and heating, and what it is you would like, e.g. a new television or a holiday. Depending on your income, you may have to wait for the things you would like, until your income goes up. Here is an example budget layout:

text editing options

jump editing options
jump editing options
jump editing options
jump editing options
<