Some of the steps I take to budget my money properly:
- Set a money goal
- Add up all monthly bills
- Subtract monthly bills from monthly pay
- Out of remaining money calculate how much you want to go into savings
- Use the automatic feature to transfer money out of checking to savings
- Pay all your bills throughout the month (EX: pay rent in 2 payments)
- Note: Gas money and the food is considered a bill
- If you want to save a large amount of money create a spreadsheet with your goal.
- NEVER get off track because it can set you back
- Any extra money you have, put it in your savings account.
