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Tips for Creating a Monthly Budget | Tom Kutzen | Finance & Financial Literacy
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Tips for Creating a Monthly Budget by Tom Kutzen | Dec 29, 2021 | Finance, Financial Literacy, Tom Kutzen
Having a budget is an essential part of being financially responsible. Yet creating a budget can be an intimidating prospect. Thankfully, plenty of experts are willing to share their advice on the matter. The first step in this process is understanding what a monthly budget is. A monthly budget is how one plans for their spending in a given month. This includes recurring expenses (bills, loan payments, etc.) that can always be anticipated. It also takes income into account. Understand Your Income Before one can list out what bills need to be paid and in what order, it is critical to understand your monthly income. Look at your paychecks and calculate how much you earn on average each month. https://tomkutzen.co/tips-for-creating-a-monthly-budget/
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