tips to start your budget planning

The hardest part of creating a budget is sitting down and creating one. So plan before the month starts and before you actually get paid, plan not just monthly but quarterly.

The vast majority of your budget should be allocated to needs, the things you cannot leave without, those include groceries, housing and transportation costs and a small percentage will be your wants.

Don’t let the emergency expenses be a surprised, it’s a fact of life bound to happen. Plan for it to be included in your budget.

It’s up to you on how much you want to save, but start with at least 1k then increase based on your circumstances.

Set up a system by automating your savings by allowing your bank to automatically transfer to your savings every month, this will give you peace of mind.