Budgeting doesn’t have to be stressful! Learn how to make a budget in five simple steps, including tips to make it work for you, your income and your goals.
How do I make a budget? Start to make a budget by gathering your bills and pay stubs. Use this Budget Worksheet to help you. When you have your bills and pay stubs: Step 1: Make a list of your bills and other expenses and the amounts. Bills include things like rent, electricity, water, or telephone service.
A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows.