• Roxy

Making Budgeting Easy

Updated: Feb 16


budgeting Tips , making saving easy , finance  , save money , Yes , Bossyboxes


If you want to spend wisely and also manage your income without any disappointments, it makes a lot of sense to make a budget. If you do this right, you won’t need to worry about any expenses that might damage your income. You pre-define your budget and that can bring in front extraordinary benefits and results every time. Here are the steps to focus on when you create your own budget.


Income and expenses

When you make a budget, the first thing you want to know is your total income. Understanding how much you make per month is important, because you will know how to split your money wisely. Aside from doing that, you also want to create a list with all the most common expenses. Tracking your expenses is pivotal because you can figure out what items are expensive and don’t really mean anything to you or don’t satisfy any of your needs.



There are pivotal, crucial expenses like food and general clothing, and then there are other expenses like your bills for the 2nd phone you own. As you can see, the phone bill example is clearly something that you may not need at this time. What you want to do right now is to create a list with those expenses that you may be able to live without. That will help you save more money than you might imagine.


Set financial goals

You want to have some short term goals that will help you save money within the next 12 months at most. You also need to create some long term goals such as saving for retirement, buying a house and so on. The idea of having a goal will push you towards success, and it will give you something to motivate you as you try to achieve success.


Adjust your habits

If you want to make a budget and also save money, then you may need to eliminate some of your habits. Go for those things that you don’t really need, like the Netflix subscription you never use or buying the latest components for your computer. When you try to save money, some of your habits have to go, which isn’t really a bad thing. If anything, it will help you focus more on avoiding any unwanted expenses, as you focus on the best results.


Track your progress

Creating a budget and saving money is something that will take some time and effort. Even if you already implemented it, you still need to track your progress from time to time. Compare your monthly expenses to those of other similar people. There’s a lot to learn from that. Also, compare your current month to the previous month and see what you can improve.



Even if it’s hard to make a budget, you should try it, because it will make it easier to save money. It’s not going to be easy to always set the right budget you want, but it’s still exciting to make a budget and stick to it. Granted, it might take a little bit of time and effort, yet at the end of the day you get to learn a lot of things about personal finance and how you can become a wiser spender!


6 views0 comments