Building A Budget
Mini Number #022
Includes:
- 18 page workbook
- Excel spreadsheet template for building a budget
- Tips for Online Banking
- 8 activities and a discussion area
There it is in all its glory…. the “B” word. If you exploring this Mini I am going to make three guesses about your relationship with budgeting:
1. You have heard the word budget before
2. You have created a budget before
3. You have experienced less than stellar results from budgeting
That’s okay. Don’t throw the baby out with the bathwater. Budgeting is a necessary tool for taking control of finances and can actually be rewarding. In this Mini I will take you step-by-step through that statement.
The goal of a budget is two-fold … the first goal is to get your spending to align with your earnings; and the second is to be aware of and alter spending habits to meet your financial goals. At the outset budgeting sounds like a fairly easy thing; determine how much you make and how much you spend. Make sure the income exceeds the expenses. While the concept is simple, setting up a budget system that is easy to maintain and is realistic is where many people stumble. In this Mini we will set up a simple to use budget. Includes an 18 page workbook and a spreadsheet template for creating your budget.
Adapted from the online class: Financial Freedom