How to Get Started on a Budget

Someone once told me that they thought budgeting was the financial equivalent of eating brussels sprouts. No one likes to do it, but we all know we should!

 

Well, maybe you can identify with my friend, or maybe you can identify with my wife, who loves both budgeting and brussels sprouts!

If you need help getting started on a budget..

First, track your spending for one month. Write down every penny you spend, or download an app that tracks it for you.

Then divide all your spending into categories.

And look closely at your expenses are be sure of one thing…that they are less than your income.

When it comes to budgeting, just remember that you have to take it one day at a time. It’s a taste you can acquire.

For more help making a budget you love more than your vegetables, visit crown.org/money