In order to make an effective plan on how to manage your money, it is first important to determine what you are working towards. Maybe you want to save up to purchase a new vehicle, or are striving to move out on your own. Knowing this will help you develop a perfectly tailored budget to reach your goals.
Interested in learning more ways to balance your budget? Attend one of our free workshops.
Before making any financial decision, please consult a financial advisor to ensure it is recommended for your individual circumstance.
Developing a budget from scratch can seem like an overwhelming task, so we have developed a budget template that you can work from. Check out our budgeting tips article on how to best put your budget into use, and then continue to customize based on your individual circumstances.
For example, you may realize that there are additional items that you spend money on that are not listed or vice versa. Even if you want to design your own budget, our spreadsheet can provide you with a place to start on what items can be included in your budget and how best to track them.